Are you missing out? Did you know that if you move and establish a new home to be employed, carry on a business or attend full time education, you can claim moving expenses? In this article we cover the opportunities, rules and guidelines for claiming expenses not reimbursed, which you incur as a result of moving. The article covers a full range of details covering the following topics:
- Eligible Moving Expenses
- The Rules
- Expenses you can deduct
- When your old residence is sold as a result of your move
- If your spouse or common-law partner sold the old residence
- Incidental costs related to the move
- Costs to maintain your old residence while vacant
- Expenses you can not deduct
- Mobile Homes
- Moving outside Canada
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