Announcement

Collapse
No announcement yet.

Moving Expense

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    Moving Expense

    Self Employed Individual moved from the East coast to the West Coast 6/09
    Schedule C shows a loss which will generate a NOL
    Moving Expenses - ? Can she claim?
    And the Make Work Pay Credit - vanishes?

    Sandy
    Tags: None
    #2
    It seems the moving expenses are allowed if TP works full time within the time limits after the move and it does not depend on income.

    The credit is probably disallowed as would any EICT.

    Comment

    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...
    X