Form 3903, Moving Expenses
If you moved to a new location to start work during the past year, you may be eligible to claim the moving expenses as a deduction. You need to meet these three requirements to deduct moving expenses.
- Your move is closely related to the start of work.
Consider closely related in time includes moving expenses you paid within 1 year of the date you first reported to work at the new location. It is not necessary that you have work or a job before moving to a new location, as long as you actually go to work there in less than a year.
- You meet the distance test.
The new main job location is at least 50 miles farther from your former home than your old main job location was from your former home.
- You meet the time test.
For an employee, you must work full time for at least 39 weeks during the first 12 months after you arrive in area of your new job location (39-week test).
For the self-employed, you must work full time for at least 39 weeks during the first 12 months and for a total of at least 78 weeks during the first 24 months after you arrive in the general area of your new job location (78-week test).
If you have not met the time test by the time your tax return is due, you can still deduct your moving expenses if you expect to meet the time test within the required 12 or 24 month period.
TurboTax helps you file Form 3903 to claim this deduction:
Select Deductions & Credits (click Explore on My Own);
Scroll down to Other Deductions and Credits;
Then click on Start/Update next to the Moving Expenses category.
For more from the IRS about which of your moving expenses may be tax deductible, watch the video below.