David Copperfield, a calendar-year taxpayer, was employed and resided in Philadelphia. On February 1, Copperfield was...

Transcribed Image Text:

David Copperfield, a calendar-year taxpayer, was employed and resided in Philadelphia. On February 1, Copperfield was permanently transferred to Dallas by his employer. Copperfield worked for 20 weeks before being laid off for other than willful misconduct. Copperfield incurred and paid the following unreimbursed expenses in connection with his move: What amount can Copperfield deduct for moving expenses? Cost of moving household furnishings and personal effects $1,500 Lodging expenses while moving 500 Penalty for breaking the lease on his Philadelphia apartment 600 $0 $1,026 $2,000 $2,600 David Copperfield, a calendar-year taxpayer, was employed and resided in Philadelphia. On February 1, Copperfield was permanently transferred to Dallas by his employer. Copperfield worked for 20 weeks before being laid off for other than willful misconduct. Copperfield incurred and paid the following unreimbursed expenses in connection with his move: What amount can Copperfield deduct for moving expenses? Cost of moving household furnishings and personal effects $1,500 Lodging expenses while moving 500 Penalty for breaking the lease on his Philadelphia apartment 600 $0 $1,026 $2,000 $2,600

Answer rating: 100% (QA)

Answer 0 No moving expenses r... View the full answer