[Show all top banners]

hamrosajha
Replies to this thread:

More by hamrosajha
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 Urgent tax suggestion chahiyo...
[VIEWED 3133 TIMES]
SAVE! for ease of future access.
Posted on 04-16-17 1:10 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I moved from Nevada to Kentucky for my new job while my wife stayed back in Nevada for her work. I was trying to deduct the moving expenses and had a quick question. I flew back and forth 5-6 times in 2016 to meet my wife and move my stuff as well. Can I deduct the entire flight cost as moving expenses or what would be the best way to deduct those cost?

Please let me know.

Jai Sajha basi.
 
Posted on 04-16-17 3:20 PM     [Snapshot: 74]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

$3903 is the max you can make deduction from. so even if you put 50K as your moving expenses it doesn't matter, you can only deduct $3903. Hope it helps
 
Posted on 04-16-17 3:52 PM     [Snapshot: 103]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Isn't $3,903 IRS From rather than the allowable movimg expenses limit?
 
Posted on 04-16-17 9:49 PM     [Snapshot: 246]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

My flight cost was total of $2000 for entire trips in 2016. But my main question is can I claim those flight costs as moving expenses as well?
 
Posted on 04-16-17 10:33 PM     [Snapshot: 267]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Moving household goods to the new residence is deductible. All expenses must be reasonable. Flight to home to visit are not, so the question becomes a factual one. Was visiting the family the main purpose? Or moving the stuff was the main purpose? Is the total cost of six flights cheaper than the cost of using a commercial mover? If you calim that six flights were necessary to complete your moving process, then be prepared to back it up with the IRS if they question it. At the end of the day, how much will you save in taxes? $2000 less in taxable income means $200 less in tax or $ 200 more in refund. Make your judgement.
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 7 days
Recommended Popular Threads Controvertial Threads
What stocks to buy -- Any recommendation
Conservative discussions
इन्दिरा जोशीको चिन्ता लौच
Premier League Discussions
Lots of Nepali girls married to white n black dudes
The New Proposal from Democrats !!
Moving to Nepal. What are my options?
BREAKING NEWS!NO GREEN CARD FOR DACA, TPS AND ESSENTIAL WORKERS!!
Nepali guards in Afghanistan
कथा -ब्यथा
ROTH or 401K
हामी थुक्छु एस्तो मान पदवी!!,
Well FCUK!! The Senate parliamentarian ruled Sunday that Democrats cannot include pathways to citizenship in the $3.5 trillion budget reconciliation package
रानीको दुध
No path to residency via reconciliation
Need suggestions
2021 Immigration Reform Memo-Green Card Through Registry
Democrats says if plan B fails , there is plan C
Parliamentarian’s ruling on immigration in reconciliation bill
Modi र Oli को "गाटी टासियेको" छ |
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters