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In October 2023, BV Corporation transferred Sara, an employee, from its San Diego office to its San Antonio office. Sara paid $5,800 to a moving
In October 2023, BV Corporation transferred Sara, an employee, from its San Diego office to its San Antonio office. Sara paid $5,800 to a moving company to transport household goods from California to Texas, and $2,400 in airfare to relocate her family. BV Corporation reimbursed Sara $8,200 for moving expenses. What is the tax treatment to Sara of the moving costs and reimbursement
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