In January, Susan’s employer transferred her from Chicago to Houston (where she continues to work for the remainder of the year). Her expenses are as follows:
|
Transportation for household goods |
$2,300 |
|
Airfare from Chicago to Houston |
200 |
|
Pre move house hunting travel |
700 |
|
Temporary living expenses in Houston |
400 |
|
Apartment lease cancellation fee |
1,200 |
|
Total moving expenses paid |
$4,800 |
a. If Susan is not reimbursed for any of these expenses, how much of her moving expenses can she deduct?
If Susan’s employer reimburses her $3,600 for all of these moving expenses except for the lease cancellation fee, will she have any taxable income?