Individuals who move for work may be eligible to deduct the expense of moving from their adjusted gross income in the year the expenses are paid. Deductible expenses include the costs of packing, storing, crating and insuring household goods to be moved as well as the cost of traveling from the former home to the new home. Traveling costs include lodging and actual travel costs but not meals. In order to deduct these costs, you must be employed full-time for 39 weeks during the 12 month period following the move. Also, the move must be at least 50 miles from your current job site. Expenses for the move are reported on Form 3903.

 
This information is provided in an effort to help you gather and organize the information necessary to file your individual or small business income tax return. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.