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Ben has a gross income of $172,900 from his employment (SwissLog). He moved this year late January due to new employment with SwissLog. He worked
Ben has a gross income of $172,900 from his employment (SwissLog). He moved this year late January due to new employment with SwissLog. He worked for SwissLog for the rest of the year. He moved 650 miles away from his old house, but lives in the same state. A house hunting trip cost him $450. He hired a moving company to move his stuff for $2,300 and drove my son in my car. My son and I got a hotel for $65 and ate a meal for $35. They saw a movie for $20. Ben also has a $900 student loan interest for this year. He contributed $3,000 to his own retirement plan and open an IRA account. I invested in a limited partnership interest in IGLOW for $10,000 and took a loss of $8,000 for this investment. Being Ben's accountant and helping him file for 2020 return. What is considered itemized or deductible items in this scenario
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