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ARTICLE · 21 FEBRUARY 2023

Deductible Moving Expenses

My eldest daughter moved into her first apartment off-campus with her university friends last fall. We started our list of what she will need for her new place, which will obviously involve a visit to IKEA.

CanadaTax

Moving to college or a new job, there's a tax silver lining

My eldest daughter moved into her first apartment off-campus with her university friends last fall. We started our list of what she will need for her new place, which will obviously involve a visit to IKEA. As part of our list, we also had to think about what else we need to organize, such as the actual costs of moving: Do we need a moving truck? Movers? Time off of work to actually help her move? I thought we would never need to worry about this after our last move to our home, but I forgot about my kids and the fact that this will be the first of many moves for her (and, who are we kidding, me too, as her mom). At least I reminded myself of the silver lining of any move: tax breaks.

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