Fabian, a single, member of the military, was stationed at White Sands, New Mexico. On July 1, 2018, his army company transferred him to Florida as a permanent duty station. Fabian worked full time for the entire year. During 2018, he incurred and paid the following expenses related to the move:
Pre-move house hunting costs | $ | 1,425 | |
Lodging and travel expenses (not meals) while moving | 2,400 | ||
Cost of moving furniture and personal belongings | 3,325 | ||
He did not receive reimbursement for any of these expenses from the
army; his AGI for the year was $83,500. What amount can Fabian
deduct as moving expenses on his 2018 return?
Answer Allowable moving epenses deduction:
Pre move house hunting cost Not Allowed
Lodging And Travel expenses $2400
Cost of Moving Furniture & beelongings $3325
Total Deduction Allowed $5,725
Fabian, a single, member of the military, was stationed at White Sands, New Mexico. On July...
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