This means you can deduct the carried forward amount from the same type of income in a future tax year to lower your tax payable. If your moving expenses are more than the income you earned (including scholarships) at your new location, you can carry forward all or part of your moving expenses. These expenses include the cost of accommodation and meals for you and your family. If you had to live somewhere else because you sold your home before your move or you had to wait for your new home to be ready after your move, you can also claim temporary living expenses for up to 15 days. Incidental costs for changing your address on legal documents, replacing your driving licences, and connecting and disconnecting utilities.Cost of purchasing your new home, if you or your spouse or common-law partner sold your old home because of your move.Cost of selling your old home including advertising, notary or legal fees, real estate commission, and mortgage penalty when the mortgage is paid off before maturity.Note: You or another person in your family can’t live in the old home nor can it be rented to any other person while you’re trying to sell it. Cost to maintain your old home such as interest, property taxes, insurance premiums and the cost of heating and utilities (up to $5,000) after you moved and while you made reasonable efforts to sell the home.Cost of cancelling a lease for your old home.Travel expenses such as vehicle expenses, accommodation, and reasonable amounts for meals that you paid during the moving process for yourself and your family.Transportation and storage costs such as packing, hauling, hiring movers, in-transit storage, and insurance.You can claim the cost of reasonable expenses you paid to move yourself and your family to your new home. If you’re a Québec resident, you can only claim moving expenses from the net income you earned in the tax year at the new place of work. If you’re self-employed, your net eligible income is net self-employment income earned at the new work location less any deductions (union and professional dues, and deduction for CPP/QPP contributions) claimed on your return. If you’re an employee, your net eligible income is your employment income (from your T4 and/or T4A slips) that you earned at the new work location less any deductions (RPP, union dues, employment expenses, clergy residence, or income amounts repaid) you claimed on your return. ![]() To claim your moving expenses, you’ll need to enter your net eligible income on the moving expenses form. you reduce your moving expenses by the amount received. ![]() you include the amount you received in your income or.Note: If you received a reimbursement or an allowance for your moving expenses you can only claim these expenses if: You can’t deduct these expenses from any other type of income such as investment or employment insurance benefits, even if these were received at your new location. ![]() If you’re employed or self-employed, you can deduct moving expenses only if you’ve earned employment or self-employment income at the new location.
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