[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 5812 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
शीर्षक जे पनि हुन सक्छ।
NRN card pros and cons?
TPS Re-registration case still pending ..
What are your first memories of when Nepal Television Began?
Anybody gotten the TPS EAD extension alert notice (i797) thing? online or via post?
TPS Re-registration
Democrats are so sure Trump will win
Basnet or Basnyat ??
TPS EAD auto extended to June 2025 or just TPS?
nrn citizenship
Toilet paper or water?
Sajha has turned into MAGATs nest
Nas and The Bokas: Coming to a Night Club near you
ढ्याउ गर्दा दसैँको खसी गनाउच
Mamta kafle bhatt is still missing
ChatSansar.com Naya Nepal Chat
whats wrong living with your parents ?
डीभी परेन भने खुसि हुनु होस् ! अमेरिकामाधेरै का श्रीमती अर्कैसँग पोइला गएका छन् !
3 most corrupt politicians in the world
अमेरिकामा बस्ने प्राय जस्तो नेपालीहरु सबै मध्यम बर्गीय अथवा माथि (higher than middle class)
Nas and The Bokas: Coming to a Night Club near you
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