Susan\'s company, located in Cincinatti, merged with another company, located in

Question

Susan's company, located in Cincinatti, merged with another company, located in San Francisco. As a result of this merger, Susan relocated to San Francisco to become an independent contractor of the combined organization. She was previously an employee of the original company. The company did not reimburse any of Susan's below listed moving expenses: Transportation $1,400 Meals 400 Lodging 500 Cost of moving household goods 4,000 Penalty for breaking lease on Miami apartment 3,000 Susan’s deductible moving expense is:

Explanation / Answer

Susan deductible moving expense = Transportation + Lodging +cost of moving household goods

                                        = 1400 +500 +4000

                                      = $ 5900

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