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Business, 10.03.2020 06:06 jmascar5334
In May 2019, Regina graduated from the Naval Academy with a degree in engineering and was assigned to San Diego as a permanent duty station. In her move to San Diego, Regina incurred the following costs:
$450 in gasoline.
$250 for renting a truck from UPAYME rentals.
$100 for a tow trailer for her car.
$85 in food. $25 in double espressos from Starbucks.
$300 for motel lodging on the way to San Diego.
$405 for a previous plane trip to San Diego to look for an apartment.
$175 in temporary storage costs for her collection of crystal figurines.
(a) If the government reimburses her $900, how much if any, may Regina take as a moving expense deduction on her 2018 tax return?
(b) Is that deduction subject to any conditions that could change its deductibility in the future?
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Answers: 3
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In May 2019, Regina graduated from the Naval Academy with a degree in engineering and was assigned t...
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