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1/15/16 https://oaacpa.sharepoint.com/Shared Documents/Professional Services/Tax/Income/Individual/FORMS and DOCS/OTHER/Moving Expenses for Employees.pdf Moving Expenses for Employees Name(s): Arrival at New Home: Departure from Former Home: Address of New Home: Use the following fields if spouses do not depart and arrive on the same dates: Name(s): Arrival at New Home: Departure from Former Home: Address of Former Home: You can deduct moving expenses if you meet all three of the following requirements: ¨ Your move is closely related to the start of work Moving expenses incurred within 1 year from the date you first reported to work at the new location. ¨ You meet the distance test Your new main job location is at least 50 miles farther from your former home than your old main job location was from your former home. ¨ You meet the time test You must work full time for at least 39 weeks during the first 12 months after you arrive in the general area of your new job location. If you do not meet the time test by the date your tax return is due, you can deduct your moving expenses if you expect to meet the time test the following year. Expenses Provide the amount of your out-of-pocket costs for household goods and personal effects and travel expenses. These are deductible moving expenses. You cannot deduct any expenses for meals. Household Goods and Personal Effects Packing, crating, and transport of household goods and personal effects from your former home to your new home Cost of connecting or disconnecting utilities Cost of shipping your car and household pets to your new home Cost of moving your household goods and personal effects from a place other than your main home (limited to the amount it would have cost to move them from your main home Storage and insurance of household goods and personal effects within any period of 30 consecutive days after the day your things are moved from your former home and before they are delivered to your new home Total

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Page 1: Moving Expenses for Employees · is due, you can deduct your moving expenses if you expect to meet the time test the following year. Expenses Provide the amount of your out -of-pocket

1/15/16 https://oaacpa.sharepoint.com/Shared Documents/Professional Services/Tax/Income/Individual/FORMS and DOCS/OTHER/Moving Expenses for Employees.pdf

Moving Expenses for Employees

Name(s):

Arrival at New Home: Departure from Former Home:

Address of New Home:

Use the following fields if spouses do not depart and arrive on the same dates:

Name(s):

Arrival at New Home: Departure from Former Home:

Address of Former Home:

You can deduct moving expenses if you meet all three of the following requirements:

¨ Your move is closely related to the start of work Moving expenses incurred within 1 year from the date you first reported to work at the new location.

¨ You meet the distance test Your new main job location is at least 50 miles farther from your former home than your old main job location was from your former home.

¨ You meet the time test You must work full time for at least 39 weeks during the first 12 months after you arrive in the general area of your new job location. If you do not meet the time test by the date your tax return is due, you can deduct your moving expenses if you expect to meet the time test the following year.

Expenses Provide the amount of your out-of-pocket costs for household goods and personal effects and travel expenses. These are deductible moving expenses. You cannot deduct any expenses for meals.

Household Goods and Personal Effects

Packing, crating, and transport of household goods and personal effects from your former home to your new home

Cost of connecting or disconnecting utilities

Cost of shipping your car and household pets to your new home

Cost of moving your household goods and personal effects from a place other than your main home (limited to the amount it would have cost to move them from your main home

Storage and insurance of household goods and personal effects within any period of 30 consecutive days after the day your things are moved from your former home and before they are delivered to your new home

Total

Page 2: Moving Expenses for Employees · is due, you can deduct your moving expenses if you expect to meet the time test the following year. Expenses Provide the amount of your out -of-pocket

1/15/16 https://oaacpa.sharepoint.com/Shared Documents/Professional Services/Tax/Income/Individual/FORMS and DOCS/OTHER/Moving Expenses for Employees.pdf

Travel Expenses by Car

Actual gas and oil expenses, or…

Provide the mileage (we will report mileage on your tax return. For 2015, the deduction is $0.23/mile.)

Mileage calculated

Other Travel Expenses

Transportation and lodging while traveling from your former home to your new home including the day you arrive using the shortest, most direct route available. Expenses for side trips are not deductible.

Lodging expenses in the area of your former home within one day after you could no longer live in your former home because your furniture had been moved

Total

Note: the members of your household do not have to travel together at the same time. However, you can only deduct expenses for one trip per person.

$ Grand Total of Expenses Reimbursements by New Employer If your employer reimbursed you under an accountable plan for deductible moving expenses, your W-2 will show the reimbursement in box 12 with code “P”. If your employer reimbursed you for any non-deductible expenses, the reimbursements for non-deductible expenses and any allowances are included in your income on your W-2, taxable for income, social security, and Medicare taxes. You cannot deduct any moving expenses for which you received a reimbursement that was not included in your income. Please select one: ¨ My new employer reimbursed me for some or all of my moving expenses. I have attached the detail

with this form.

¨ I was not reimbursed by my new employer. Notes


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