Question
Fabian, a single account executive, was employed and resided in New Mexico. On July 1, 2017, his company transferred him to Florida. Fabian worked full
Fabian, a single account executive, was employed and resided in New Mexico. On July 1, 2017, his company transferred him to Florida. Fabian worked full time for the entire year. During 2017, he incurred and paid the following expenses related to the move: Pre-move house hunting costs $ 1,375 Lodging and travel expenses (not meals) while moving 2,300 Cost of moving furniture and personal belongings 3,175 He did not receive reimbursement for any of these expenses from his employer; his AGI for the year was $82,500. What amount can Fabian deduct as moving expenses on his 2017 return? Fabian's moving expenses deduction:
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