According to a study by United Van Lines, there is heavy migration within the United States, particularly among job seekers and retirees. For 2016, South Dakota topped the list of inbound states. On the list of outbound states, New Jersey was number one, New York number three, and Connecticut number four. In 2017, Florida is leading the list of inbound states. Each person has his or her own reason for relocating, but all face the same tax issues.
Deducting Moving Costs
If the relocation is because of retirement, health, or other personal reasons, no deduction can be claimed. But if the relocation is for a job or self-employment, a deduction can be taken for the cost of moving household items and members of the household (Code §217).
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