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posted Oct 31, 2019 12:00:59 AM

Moved 2018 for a new job over 40 km, home did not sell til 2019. Claimed moving exp. for 18 but not real estate fees, legal fees or taxes. Can I do that part next year?

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Level 15
Oct 31, 2019 12:01:01 AM

You will report the moving expenses you paid in 2018 on your 2018 tax return. Remember these expenses cannot be more than the income you earned at your new location, so you may not be able to use them all and have to carry them forward.

Then in 2019, you will claim the expenses incurred that year, and any carry forward amounts you may have.

Here's some information from CRA on Moving Expenses: https://bit.ly/2TQeiZ0

1 Replies
Level 15
Oct 31, 2019 12:01:01 AM

You will report the moving expenses you paid in 2018 on your 2018 tax return. Remember these expenses cannot be more than the income you earned at your new location, so you may not be able to use them all and have to carry them forward.

Then in 2019, you will claim the expenses incurred that year, and any carry forward amounts you may have.

Here's some information from CRA on Moving Expenses: https://bit.ly/2TQeiZ0