The IRS has very strict rules regarding who can deduct moving expenses from their taxes. To be eligible, you must meet three requirements.
Deduct Moving Expenses
You may rent a moving truck for in-town or long distance move and it can save you in moving expenses. However, besides the daily charges, there are extra charges such as fuel, mileage, insurance and etc that need to be calculated properly before renting a truck.
How Much Does It Cost to Rent a Truck
Whether you like it or not, relocating every 2 or 3 years is an integral part of military family life. Here is our guide to help you with the process of your next military move.
Moving Guide for Military Families
Whether you are relocating locally or out of state, you have several moving service choices. While full-service movers, labor helpers and do-it-yourself are the preferred options for local moves, self-service has become very popular for cross-country moves.
Types of Moves
There is always a possibility of damage or loss when hiring a moving company. Find out what is covered and not covered by movers during a move.
What Movers Will and Will Not Cover