Solution-What amount can fabian deduct as moving expenses

What amount can fabian deduct as moving expenses

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Reference no: EM132837368

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 $1,250

Lodging and travel expenses (not meals) while moving $2,050

Cost of moving furniture and personal belongings $2,800

Problem 1: He did not receive reimbursement for any of these expenses from the army; his AGI for the year was $80,000. What amount can Fabian deduct as moving expenses on his 2018 return?

Reference no: EM132837368

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What amount can fabian deduct as moving expenses

Reference no: EM132837368

Reference no: EM132837368

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