turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

move while overseas

Do any moving expenses count as a deduction as a self-employed missionary?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Shannon B1
Expert Alumni

move while overseas

Moving expenses are generally not deductible anymore, unless you are in the military.

 

However, since you are self-employed,  you can take business deductions for your travel expenses as long as the following applies:

 

  • If they are ordinary (common and accepted in your industry) and necessary (helpful and appropriate for your business).
  • When you are away from both your home and the location of your main place of business (tax home).
  • Deductible expenses include transportation, baggage fees, car rentals, taxis, and shuttles, lodging, tips, and fees.
  • You can also deduct 50% of either the real cost of meals or the regular meal allowance. The standard meal allowance is based on the federal meals and incidental expense per diem rate.

See this helpful TurboTax Help Article for more information.  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question