7 Tax Loopholes That Could Save You Big

Moving Expenses When You Change Jobs (If You’re a Service Member)

The new tax law killed this break, but with one significant exception: If you’re in the armed forces, the cost of any move associated with a permanent change of station still qualifies. You can deduct the cost of getting yourself and your household goods to the new location. If you drove your own car for a move in 2018, deduct 18 cents a mile plus what you paid for parking and tolls. (Use Form 3903 to tally your moving deductions.)

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