Can a US expat deduct moving expenses for a move abroad

For American citizens living abroad taxes can be an extremely complex. When you first move abroad you are likely to incur many expenses. Several are deductible. Deductible moving expenses must have been paid or incur in connection with starting a new job at the new location. There are several rules and regulations around this matter, so it is best to consult a US Tax expert first (+44 (0)20 3829 3492).

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alistair bambridge
Renouncing Your US Citizenship
  • Your average annual net income tax for the 5 years ending before the date of expatriation or termination of residency is less than a specified amount that is adjusted for inflation ($151,000 for 2012, $155,000 for 2013, $157,000 for 2014, and $160,000 for 2015)
  • Your net worth is less than $2 million on the date of your expatriation or termination of residency
  • You have filed US tax returns for the last 5 years
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alistair bambridge