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Diane Schmidt

Tax Time: Can You Write-Off Your Move?

By February 13, 2013

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Tax FormsAs we all know, moving is expensive, so my advice is always to keep your receipts, then see if they can be deducted when you file your taxes. Rules vary according to your government's stipulations. For instance in Canada, individuals or families who moved to attend full-time school or for a change in job or job location or to continue running a business, may be able to claim their moving expenses. In the U.S., moving expenses may be claimed if individuals or families moved in the previous year because of a change in job location or because they started a new job.

Trying to determine if you can deduct and what you can deduct may take some time and patience; it can, however, pay off in the end.

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