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The Moving Expense Deduction

Posted Jan 30, 2018

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The new tax law temporarily eliminates the moving expense deduction. Under prior law, taxpayers could claim a deduction for moving expenses incurred in connection with starting a new job if the new workplace was at least 50 miles farther from a taxpayer’s former residence than the former place of work. Under the Tax Cuts and Jobs Act, for tax years beginning after Dec. 31, 2017, and before Jan. 1, 2026, the deduction for moving expenses is suspended, except for active duty members of the military who are required to move to a permanent change of station.





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