Aunc.1691
net.taxes
utcsrgv!utzoo!decvax!duke!unc!wm
Mon Jan 11 22:19:30 1982
Hint of the week (ucbvax.5707 followup)
When I returned to school last year I moved myself, and
yes, most of the moving expenses were deductable (even if
you take the standard deduction, they are counted as
adjustments to income). Be careful, if you move and take
a part time job (such as an assistantship) your expenses
may NOT be deductable. Some points to consider in advance:
Be sure you have been offered a job in advance, i.e. you
have a letter stating that you have an assistantship BEFORE
any of your incurred expenses. The IRS is only looking to
count expenses you incur because of a job that requires you
to move. Moving, and then looking for a job, is usually
not deductable. In my case, a half time assistantship was
not enought to deduct my moving expenses, I had to show that
I would earn money doing consulting, and that my education
would further my consulting career before the IRS would
allow the deduction. My wife didn't have a job when we moved,
if we had gotten her one before, instead of waiting until
after the move for her to look for one, then that would
have sufficed instead. Of course, this was on the 1980 tax
year, and the rules have probably changed. If you are
planning to move, call the IRS and get the scoop. Often
a simple change of plans will make all the difference between
what could be a several thousand dollar deduction, or an
audit. And ALWAYS save all your receipts.
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