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Returning Member

Can I claim a deduction for personal storage rent

The rent for my personal storage is over $4,000

Investors and rental owners

Yes, you can if the storage costs are to be claimed as moving expenses. However, you should check your eligibility for this to see if you qualify: 

  • Transportation and storage costs: This applies to household items and even includes boats and trailers, and covers packing, hauling, movers, in-transit storage, and insurance.

For further information, please see our TurboTax article: Who Can Claim Moving Expenses?

 

If you require further assistance please contact our phone support team or contact us directly on Facebook or Twitter.

 

Thank you