Moving expenses and closing costs as a result of B.R.A.C

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Q: I retired early as my command relocated more than 50 miles outside my commute area. I subsequently sold my home and moved. Are any of my expenses such as buyer assisted closing cost and move expense tax deductible?

A: No.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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