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How to Deduct Moving Expenses

By BARRY LISAK
Posted 9/1/17

Job-related moves can cost a lot, but some moving expenses can be tax-deductible. These costs are deducted on your Form 1040 when figuring adjusted gross income (AGI) on your Federal income-tax return. Your employer may reimburse you for all or part of your moving expenses. Reimbursement for deductible expenses is not taxable, but does reduce your deduction for moving expenses on your return.

To deduct the moving expenses on your tax return, you must meet the following two tax tests:

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