[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 3082 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 365 days
Recommended Popular Threads Controvertial Threads
What stocks to buy -- Any recommendation
TRUMP 2016!!! Here is why?
हेरेको तिमीलाइ आँखाले हैन।
जोडि त भाग्यले जुराउँछ - हिरोइन स्वेताले यसरि दोश्रो पटक बिहे गर्न लागिन
ॐ श्री स्वस्थानी ब्रत कथा
लौ .. संसद नै बिघठन गरिदिएछन ओलिबाले
Conservative discussions
🙏 दलाल स्ट्रिट 🙏
उस्तै उस्तै हामी
Looking for Potential Match
निर्लज्जताको बाढी आएको छ
Love Letters From The Past--SITARA
हाकिमनी संग- आज सुक्रबार -३
Ushering in new era of communism ...
Rain Rain .. Raut
श्राद्द
अन्तरद्वन्द
Fox News: Wear the Damn Mask, it is not political issue but a public health issue.
Photo of the day
Amby Writes:- My Caffeine Indulgence- I
Nas and The Bokas: Coming to a Night Club near you
विद्या तेरो सिन्दूर खोइ, केपी ओली तेरो पोइ ..
TRUMP 2016!!! Here is why?
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