Change homes, move office, earn tax break

Realty Tax Tips-Part 3: Not all moving costs qualify

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(This is Part 3 of an eight-part series. Read Part 1, Part 2, Part 4, Part 5, Part 6, Part 7 and Part 8.) Even if you don't itemize your income tax deductions and claim the standard deduction, if you are one of the more than 25 million taxpayers who changed homes in 2006, you may be entitled to big tax savings for your household moving expenses as an "adjustment to gross income." To qualify, you must also have changed your job location in 2006. It doesn't matter if you work for the same employer, changed employers, became self-employed, or started your first job. Purchase Bob Bruss reports online. You must meet the job-location-change rule to be eligible for moving-cost deductions. Either spouse can qualify, but part-time work does not count. THE JOB-LOCATION-CHANGE TEST. If you changed your residence location, but you also didn't change job locations, you are not eligible to deduct household moving costs. The simple job-location-change test requires your new job site to be at lea...