Moving Expense Deduction
/ˈmuːvɪŋ ɪkˈspɛns dɪˈdʌkʃən/
Definitions
- (n.) A tax deduction allowed for certain expenses incurred when relocating for work-related reasons under applicable tax laws.
She claimed a moving expense deduction on her tax return after transferring to a new office location.
Forms
- moving expense deduction
- moving expense deductions
Related terms
See also
Commentary
Typically limited to moves meeting specific distance and time tests; recent tax law changes may restrict eligibility for moving expense deductions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.