Moving expense questions

Jan 06, 2008 4 Replies

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Kooner 18 years ago

Hello, I have read pub 521 and still have 2 questions about deducting moving expenses.

If I incur moving expenses on Jan 1 2008, can I deduct them on my

2007 tax return? I moved at the end of Dec 2007 and have reciepts from Dec 30, Dec 31, Jan 1 and Jan 2.

I put my family (including a 2 year old) in a hotel the day before the move to keep them out fo the way while the movers loaded the truck. Does that day count as a deductible expense? Or is it only hotel stays starting on the day you actually move?

thanks. Kooner.

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Dick Adams 18 years ago

Timing is everything. You have moving expenses for 2007 and 2008.

I would suggest it is all part of the move.

Dick

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Paul Thomas 18 years ago

"Kooner" wrote

Nope.

Take them in 2008.

Start that 2008 tax file now.

Then you deduct them in each of the two years. ie: when paid.

I see it as a reasonable part of the moving cost. See the instructions for Form 3903.

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Harlan Lunsford 18 years ago

(snipped....)

I can't agree with you Paul. The day before is not an integral part of the move itself; rather just for convenience. In fact it sounds more like a temporary living expense; not deductible.

ChEAr$, Harlan

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dpb 18 years ago

...

If I read the statement correctly, it was the day of loading the truck, just not the day the truck necessarily drove away which imo is a move. In that position, I'd take it and make them make me give it back! :) (That, of course, is personal opinion, not accountant advice since I'm not).

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