In the past, moving expenses were generally deductible if the move was work-related. However, due to changes in tax laws under the Tax Cuts and Jobs Act (TCJA) of 2017, the rules have shifted significantly. Here's what you need to know:

Post-2017 Tax Law Changes

1. Suspension of Deduction: For most taxpayers, the deduction for moving expenses has been suspended from tax years 2018 through 2025. This means that individuals can no longer deduct moving expenses on their federal tax returns during this period.
2. Active Duty Military Exception: The primary exception to this rule applies to active duty members of the Armed Forces. If you are an active duty military member and your move is due to a military order and permanent change of station, you may still be eligible to deduct your moving expenses.

For those who qualify under the active duty military exception, it's important to understand what expenses can be deducted. These typically include:

• Transportation of Household Goods: Costs for packing, crating, and shipping your household goods and personal effects.
• Travel Expenses: Costs for travel and lodging (but not meals) from your old home to your new home.
• Storage: The cost of storing and insuring household goods and personal effects within any period of 30 consecutive days after the move.

While the federal deduction for moving expenses is largely suspended, some states may still allow deductions for moving expenses on state tax returns. It's crucial to check with your state's tax authority or a tax professional to see if state-specific deductions are available.

Even though federal tax deductions for moving expenses are limited, there are still ways to make your move cost-effective and stress-free. At 21st Century Moving and Storage, we offer comprehensive moving services designed to meet your unique needs, including:

• Free In-Home Estimates: We provide transparent pricing with no hidden fees.
• Local and Long-Distance Moves: Whether you’re moving within Massachusetts or across the country, our experienced team is here to help.
• Specialized Item Handling: We are experts in moving delicate items such as pianos, ensuring your valuables are handled with care.
• Bilingual Staff: Our team is fluent in English and Spanish, ready to assist you in your preferred language.

While the current tax laws have limited the ability to deduct moving expenses for most taxpayers, understanding your eligibility and exploring state-level deductions can still offer some financial relief. As always, consulting with a tax professional is the best way to ensure you’re compliant with current regulations and making the most of any available deductions.

At 21st Century Moving and Storage, we’re committed to providing top-notch moving services that prioritize your peace of mind. Contact us today to learn more about how we can assist with your next move and provide a seamless, stress-free experience.