Deduction for Moving Expenses
You can claim a deduction for moving expenses in your income tax return if, during the taxation year concerned, you meet both of the following conditions:
- You moved in order to take up employment duties, carry on a business, practise a profession or attend an educational institution at which you were enrolled full time in a post-secondary program.
- Your new residence is at least 40 kilometres closer to your new place of study or work (even if your work is seasonal).
The deduction you can claim is limited to the net income that you earned in the taxation year at your new place of work. You can, however, carry forward any part of the moving expenses you were unable to deduct in the taxation year concerned.
As a rule, only expenses for moving within Canada are deductible, unless they were incurred when you were living outside Canada temporarily.
You can claim an amount for meal and vehicle expenses incurred in the course of moving without having to keep or provide detailed receipts.
For more information about calculating amounts for meal and vehicle expenses, visit the Government of Canada website.