tag:blogger.com,1999:blog-1711537157381628047.post4033575523204951027..comments2024-03-09T00:44:05.249-05:00Comments on The Buzz About Taxes: Moving On In Life? How That Can Be Tax Deductible!! The Buzz About Taxeshttp://www.blogger.com/profile/11646407872535500030noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1711537157381628047.post-9909290932249927342014-01-29T15:17:10.058-05:002014-01-29T15:17:10.058-05:00Absolutely. I thought the illustration best explai...Absolutely. I thought the illustration best explains that. Thanks for bringing up the cost of the one trip. Good point. The Buzz About Taxeshttps://www.blogger.com/profile/11646407872535500030noreply@blogger.comtag:blogger.com,1999:blog-1711537157381628047.post-20609735950114565792014-01-29T12:41:23.790-05:002014-01-29T12:41:23.790-05:00The distance test is typically the confusing eleme...The distance test is typically the confusing element for taxpayers because it doesn’t simply state that the move must be a specific number of miles. Rather, the rule is that the taxpayer’s new principal place of work must be at least 50 miles farther from his former residence than was his former principal place of work. (I get confused simply from saying this.)<br /><br />Most problematic is uncovering the details about a qualified move. As you convey, taxpayers need good records or else they find themselves in the uncomfortable position of the individual in a sample case from Enrolled Agent exam study described at http://fastforwardacademy.com/blog/2013/01/07/moving-expenses/. <br /><br />The trouble I usually have is pointing out to someone who is eligible for a tax-deductible move that only the cost for one trip is counted. A person cannot deduct all the excursions back and forth between the former home and new home. Anonymoushttps://www.blogger.com/profile/11523294696142986335noreply@blogger.com