Top 9 Most Hassle-Free Deductions on Taxes

tax deductions
Photo by Vitalii Vodolazskyi from Shutterstock

Moving expenses

Even if the majority of taxpayers have lost their ability to deduct moving expenses starting with 2018, there’s one main group of people who can still claim their moving expenses to the IRS. The military personnel.

If by any chance, you are an active duty military member who’s currently relocating, you might still deduct most of these expenses, as long as you don’t move with the help of reimbursement from the government to move.

Plus, if the move is permanent, AND the relocation was, in fact, ordered by the military, you won’t have to pay any taxes on qualified moving expense reimbursements.

« 1 ... 45 6 789»

Share:

3 Responses

Leave a Reply

Your email address will not be published. Required fields are marked *

most popular

top picks

Related Posts