Question: To qualify for the moving expense deduction, a taxpayer must satisfy a time test. a. What is the time test? b. When might the taxpayer
To qualify for the moving expense deduction, a taxpayer must satisfy a time test.
a. What is the time test?
b. When might the taxpayer be excused from satisfying the time test?
c. What reporting procedure should be followed when the taxpayer has to file a return after the moving expenses have been incurred but before the time test requirement is met? Discuss.
a. What is the time test?
b. When might the taxpayer be excused from satisfying the time test?
c. What reporting procedure should be followed when the taxpayer has to file a return after the moving expenses have been incurred but before the time test requirement is met? Discuss.
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a To meet the time test an employee must be employed on a fulltime basis at the new loc... View full answer
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