Moving Companies Panama City FL

Moving Companies in Panama City, FL. Find addresses and phone numbers of local business and services that provide access to Moving Companies in Panama City, FL.

Chavers Storage
(850) 785-9755
Po Box 487
Panama City, FL
A Hiland Transfer And Storage
(850) 763-0697
2630a Twilight Avenue
Panama City, FL
Emerald Coast Moving And Storage
(850) 785-5540
2630a Twilight Avenue
Panama City, FL
Mcstorage Ii
(850) 763-6635
3101 East Highway 98
Panama City, FL
Covan Worldwide Moving Inc
(850) 785-0501
2200 East 13th Street
Panama City, FL
A1 Moving And Storage Co Inc
(850) 785-5154
722 Kraft Avenue
Panama City, FL
Coleman American Records Storage
(850) 785-2070
2202 East 13th Street
Panama City, FL
Agent For Mayflower Transit Inc
(850) 763-3965
1421 Harrison Avenue
Panama City, FL
Paulks Moving And Storage Inc
(850) 785-4333
724 Kraft Avenue
Panama City, FL
Gulf Coast Self Storage
(850) 784-2004
1310 West 19th Street
Panama City, FL

Who Can Claim Moving Expenses with the IRS?

Not everyone who moves can deduct moving expenses when they file their income tax returns. Your move has to be work-related, meaning you changed job locations, started a new job, or moved to seek a new job and were successful in obtaining one.

There are exceptions for retirees and survivors who are moving back to the U.S. from oversees.

And there are (of course) conditions.

The IRS calls these conditions “tests.” The “time” test, the “distance" test and the “work-related” test.

The Work Related Test

Say you pick up all your stuff and move. It isn’t actually necessary that you already have a job in the new location. If your moving expenses occurred within one year of the date you first report on the job in the new location, your move is “work-related.”

So… what happens if you delay moving your family and household until 18 months after you start work because you want your son or daughter to finish high school at their old school?

Well, the IRS isn’t entirely heartless. They make exceptions if you have a good reason.

The Distance Test

Your new job location has to be at least 50 miles further from your home than your old job location.

For example, say you used to drive 15 miles to work from your previous home. That means you new job must be at least 65 miles away from where you used to live. Otherwise, you don’t meet the “distance” test.

This doesn’t mean that you have to move 50 miles. All it means is that your new job must be 50 miles further from your former home than your old job.

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