7. Moving Expenses for Active Military Members: A Little-Known Deduction
What You Need to Know:
Active-duty military individuals can still deduct moving costs related to a Change of Station (PCS). These costs incorporate moving family products, transportation, and capacity.
- IRS – Moving Expenses Deduction for Military Personnel
IRS Guide to Moving Expenses for Armed Forces
The IRS provides information on how active-duty military members can deduct moving expenses.
Example: If you’re a military member and your PCS move costs you $3,000, you can deduct those from your assessable income. Keep all receipts and documentation for moving-related expenses to guarantee you’re qualified for this conclusion.
- Military OneSource – Moving Expenses and Tax Deductions
Military OneSource: Moving Deductions
Learn more about the military moving expense tax deductions and eligibility.
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