In June of 2016, Keith Silva accepts a new job with the same employer in San Diego.
Question:
In June of 2016, Keith Silva accepts a new job with the same employer in San Diego. He formerly commuted 12 miles to a job in Canton, OH; San Diego is 2,150 miles from his old home. He incurs the following expenses in his move from Ohio in 2016:
Moving and packing charges .............................................................. $ 4,900
Travel during the move (includes mileage at $0.19 per mile) .............. 300
Lodging during the move .......................................................................... 900
Meals during the move .............................................................................. 350
Total ....................................................................................................... $ 6,450
Keith is not reimbursed for any of these expenses by his employer. What is the amount of Keith's moving expense deduction?
Step by Step Answer:
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller