4. Calculate the total moving expenses that could be deducted for AGI if a taxpa

Question

4. Calculate the total moving expenses that could be deducted for AGI if a taxpayer has the following costs for a move from Pennsylvania to Wisconsin because of his full-time job transfer: Uhaul truck rental $2,895 (including mileage on the truck), real estate commission on sale of PA home, $12,150, 1,315 miles driven on personal vehicle driven behind the Uhaul, gas for Uhaul $384, hotel in Ohio on the way $118, hotel in Wisconsin while waiting for new house to be vacated $240, meals while traveling $198.

Explanation / Answer

Statement showing calculation of moving expenses to be deducted for AGI:

Particulars

Deduction

Allowed ($)

Working Notes:

Particulars

Deduction

Allowed ($)

Uhaul truck rental (Working Note 1) 2895 Real Estate Commission on sale of PA home (Working Note 2) Nil Gas for personal vehicle (Working Note 3) 384 Hotel in Ohio (Working Note 4) 118 Hotel in Wisconsin (Working Note 5) Nil Meals while travelling (Working Note 6) Nil Total 3397

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