moving expense
- A cost associated with relocating one's place of living, which may be subtracted from one's taxable income if the movement is necessitated by work reasons, such as needing to change location for a job
- After accepting a new job in a different state, Emma calculated her moving expense to estimate how much she would be able to deduct from her taxes.
- Due to the high moving expense, she was relieved to hear that her new job would cover the costs as part of her employment package.
- Upon reviewing her tax return, the accountant noted that her considerable moving expense could be deducted as it was due to a job relocation.
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