Fabian, a single member of the military, was stationed at White Sands, New Mexico. On July 1,
Question:
Fabian, a single member of the military, was stationed at White Sands, New Mexico. On July 1, 2019, his army company transferred him to Florida as a permanent duty station.Fabian worked full-time for the entire year. During 2019, he incurred and paid the following expenses related to the move:
Pre-move house hunting costs......................................................$1,500
Lodging and travel expenses(not meals) while moving................1,800
Costs of moving furniture and personal belongings.....................2,700
He did not receive reimbursement for any of these expenses from the army; his AGI for the year was $35,500. What amount can Fabian deduct as moving expenses on his 2019 return?
Step by Step Answer:
Fundamentals Of Taxation 2020 Edition
ISBN: 9781260483147
13th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler