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June 5, 2019
Question

I missed to file my relocating expenses, can I still file it next yr? And can I file my car that I purchase thru auto loan?

  • June 5, 2019
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June 5, 2019

In December 2017, Congress passed the largest tax reform bill in over 30 years. Included in the bill was the suspension (repeal) of several federal deductions for tax years 2018 – 2025.

The moving expense deduction (Form 3903) has been repealed for tax years 2018 – 2025, except for military members who were ordered to move as the result of a permanent change of station (PCS). 

Unfortunately, you also cannot deduct the payments or interest on your personal vehicle unless it is used for self-employed business purposes. 

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