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, 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 ............................................... $1,500
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 2018 return?
Step by Step Answer:
Fundamentals Of Taxation 2019
ISBN: 9781260158670
12th Edition
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone