Question

Hi! My company is looking at opening another office out of state. I’m currently in Illinois, but we’re looking at Texas. The ceo has asked me to relocate for 6 months to help establish the b

Forum|Forum|5 years ago
August 6, 2020
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TurboTax Self Employed Online

Employee

Your post was cut off mid-sentence. What is your question?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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alexgrelaAuthor

Well my companies ceo has asked me to relocate for 6 months to help establish the business, hire and train people. Ultimately to ensure they’re set up for success. I’m curious If the 4-6 months I live out of state can be deducted on taxes. @xmasbaby0

X

xmasbaby0

Employee

Are you self-employed or do you receive a W-2? If you are a W-2 employee then job-related expenses cannot be deducted on your federal return, per the tax laws that went into effect for 2018 and beyond. So your living expenses/moving expenses would not be deductible for you. Better see if / how the CEO plans to compensate you.

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-reform

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**