Did You Move In 2016 You May Be Able To Deduct Your Moving Expenses

Did You Move In 2016 You May Be Able To Deduct Your Moving Expenses

Image title

DALLAS, TX. – Did you move in 2016? If so, there’s no denying that moving can also bring with it major expenses but the good news is that with your move you may be able to deduct your moving expenses from your 2016 taxes.

How to Deduct Your Moving Expenses

To claim this deduction, your move must have been due to a new job or change in your employer’s location—in other words, not primarily because you found a house with a killer kitchen. Your new job must also be at least 50 miles farther away than your old job was from your old home, says Josh Zimmelman, owner of NY-based accounting firm Westwood Tax & Consulting.

That might sound like a confusing math problem at first glance, but it’s actually pretty simple. For example, if your old home was 10 miles away from your job, your new job location must be at least 60 miles away from your old home. Got it?

Search for Homes in Dallas

To search for homes in the Dallas Texas Real Estate market contact me, Heath Olinger, Realtor® with Rogers Healy & Associates by calling me at (972) 523-1389 or click here to connect with me online.

Heath Olinger Headshot
Phone: 972-523-1389
Dated: March 29th 2017
Views: 271
About Heath: Growing up in Tarrant County and later moving to Dallas County, Heath is well versed in the Dallas-F...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Homestead Exemption - Owning a home is a wonderful way
Open Houses In Southlake Area This Weekend - Here is a list of all Open Houses
2017 Another Record Year For Dallas Home Sales - The American Dream of home
Trends In The Pipeline For 2018 - The big-picture view on housing

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Rogers Healy and Associates
4925 Greenville Ave. #360
Dallas, TX