Your supervisor has asked you to research the following situation concerning Shanita Mauer. Shanita worked and lived in Los Angeles, CA. She accepted a new position with her firm in Dallas, TX. During the move, Shanita incurred the following expenses:
Cost of moving furniture............. $4,200
Transportation.................. 750
Lodging.................... 300
Cost of breaking lease on Los Angeles apartment.... 1,000
Security deposit on Dallas apartment......... 1,250
Total....................... $7,500
Required:
Go to the IRS website (www.irs.gov). Locate and review Publication 521. Write a file memorandum stating the amount of moving expense that Shanita can claim. (An example of a file memorandum is available at the website for this text located at www.cengagebrain.com.)