Which of the following situations will disqualify a taxpayer from taking a deduction for moving expenses?...

Which of the following situations will disqualify a taxpayer from taking a deduction for moving expenses?

Group of answer choices

Pam moves from Phoenix to Los Angeles to take a new job. She works at the Los Angeles job for 45 weeks before starting a new job in Las Vegas.

Paul moves from Boston to Miami to start a new business selling t-shirts. The business is not successful and Paul returns to Boston after 52 weeks.

Phyllis opens a coffee bar after moving from Seattle to San Francisco. She still owns the coffee bar and lives in San Francisco 90 weeks after her move.

Marva moves from Dallas to Washington D.C. in her job as an IRS agent. She is still working at the IRS Washington office after one year.

Expert Solution

Choice 1 : Qualified for deduction - As per the Guide to IRS Form 3903 , you can claim Moving expenses , provided you work atleast 39 weeks in the first 12 months of the new job . In this case , Pam has worked for 45 weeks.

Choice 2 : Qualified for deduction - Again as per IRS Form 3903 , Paul returns back after 52 weeks, which is more than 39 weeks.

Choice 3 : - Qualified for deduction - Phyllis lives in San Fransisco 90 weeks after his move , hence qualified

Choice 4 : - Not Qualified for deduction of Moving Expenses - As per the Publication 521(2018) deduction of certain moving expenses is suspended for non military taxpayers. In order to claim deduction of Moving expenses , you must be active member of military and moving due to a permanent change of duty station.

In the given question, it has not been mentioned that Marva is a military agent . Hence , Choice 4 conditions shall not qualify the taxpayer for taking a deduction for Moving Expenses.

ekkarill92 answered 1 year ago

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