Need To Know About Moving Expense Tax Deduction
Most Americans can no longer deduct moving expenses on their federal tax return. Before the Tax Cuts and Jobs Act, eligible moving expenses were regarded as an above-the-line deduction to lower a person's taxable income, you may claim the standard deduction while still recouping the costs of moving for employment or hunting for a new job; you were not required to itemize your deductions on your federal tax return.Read more here: https://sacramentomovingservice.home.blog/2022/01/20/are-moving-expenses-tax-deductible-2/
