What are the basic criteria for claiming the moving expenses?

There are two main criteria for claiming moving expenses in the year: -

The first criteria are in regard to the intent of the move. The move must be due to either work or to run a new business at a new location, or the individual moved to study as a full-time student enrolled in a post-secondary program at a university, a college, or another educational institution.

The second criterion is that the new home must be at least 40 kilometres closer to the new work location or school. The individual cannot deduct moving expenses from any other type of income, such as investment income or Employment Insurance (EI) benefits.