Ebook Moving Expense: Tax Bible Series 2016, by Alexander Schaper
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Moving Expense: Tax Bible Series 2016, by Alexander Schaper
Ebook Moving Expense: Tax Bible Series 2016, by Alexander Schaper
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Introduction
This publication explains the deduction of certain expenses of moving to a new home because you changed job locations or started a new job. It includes the following topics.
•Who can deduct moving expenses.
•What moving expenses are deductible.
•What moving expenses are not deductible.
•How a reimbursement affects your moving expense deduction.
•How and when to report moving expenses.
•Special rules for members of the Armed Forces.
You may be able to deduct moving expenses whether you are self-employed or an employee. Your expenses generally must be related to starting work at your new job location. However, certain retirees and survivors may qualify to claim the deduction even though they are not starting work at a new job location. See Who Can Deduct Moving Expenses.
Recordkeeping. It is important to maintain an accurate record of expenses you paid to move. You should save items such as receipts, bills, cancelled checks, credit card statements, and mileage logs. Also, you should save your Form W-2 and statements of reimbursement from your employer.
- Sales Rank: #2000635 in eBooks
- Published on: 2015-12-26
- Released on: 2015-12-26
- Format: Kindle eBook
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Top info
By Rustyburg
We’ve all moved house. We will all probably move house again, some of us several times. But are you aware and up to date on the tax implications? I wasn’t, until I read this book and discovered I could;
• Deduct moving expenses when I changed job location
• Found out which expenses were deductible
• Which expenses weren’t deductible
• How and when to report moving expenses
There is also a section Armed Forces Personnel and the special rules for them.
As usual Stewart and Schaper leave no stone unturned as they strive to give you every scrap of information you need. Ten out of ten for thorough investigation into the subject and a book everyone should own.
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