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Get And Sign Form N 139, Rev , Moving Expenses Forms 2016-2021

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hi mark Kohler here with another tax and legal tip let's talk moving expense what happened to the moving expense well you need to know the rules if you're preparing a 2017 or older tax return and what you have to plan for and 2018 until 2023 that's right whole new ballgame now if you've gone through the miserable experience of moving in 2017 as I did there's some ways to maximize this cost that you incurred on your tax return and get a deduction which could save you some taxes so let me tell you what the 2017 rules are and then it'll make more clear sense of what the 2018 rules are moving forward now for 2017 and earlier here's the rules you need to know number one is the distance test that's right distance you have to have moved at least 50 miles to new location for a new job that's right 50 miles anything less than that no right off at all and it has to be for new employment number two is the time test the time test means that this new location you have to have worked in the new job

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