Where on Form 1040 are moving expenses reported?

Moving expenses for certain taxpayers can indeed be reported on Form 1040. Specifically, they are included on Line 26 of the 2022 Form 1040, which is used for adjustments to income. This line accommodates various adjustments that taxpayers can claim to reduce their taxable income, and moving expenses fall under this category, particularly for active duty members of the armed forces who move due to a military order.

Taxpayers who qualify may deduct moving expenses related to a permanent change of station. However, it's important to note that the Tax Cuts and Jobs Act of 2017 suspended the moving expenses deduction for most individuals, which means this deduction is largely applicable only to eligible military personnel.

Understanding where to report these expenses is crucial for accurate filing and minimizing taxable income, ensuring compliance with IRS guidelines.