October 25, 2009
What if I meet the time test but not the distance test for deducting my relocation expenses?
michelledj01 asked:
I found online that you can still deduct the relocation expenses if you can prove that you will travel less time and spend less money on the new commute. I am guessing that in today’s economy this might be valid.
I am starting a new job.
Relocating to GA
I found online that you can still deduct the relocation expenses if you can prove that you will travel less time and spend less money on the new commute. I am guessing that in today’s economy this might be valid.
I am starting a new job.
Relocating to GA
Filed under Relocating to GA by .
Comments on What if I meet the time test but not the distance test for deducting my relocation expenses?
3:13 am
Relocating to GA
You left out whether you are starting a new job. Relocation expenses only count if you moved due to new employment. If you then do not satisfy both tests, you do not qualify for the deduction.