Moving Expenses - End of 2022

T1
1

I feel the answer will likely be no, but feel I should ask.

My client moved 1350km in mid-December to take on position in a professional field. Started new position on Dec. 27th. Will be paid in Jan/2023 and net pay in 2022 will be less than potential claim in 2023. Can any of the moving expense be claimed and remainder carried over, or will entire amount need to be carried to 2023?

Thanks and have a great weekend.

2

You can claim it to the extent he has income reported in 2022 and the rest carries over to 2023. It isn’t all or nothing.

1 Like
3

But only against income from the new employment so it appears the short answer is NO.