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Discussion Forum Index --> Tax Questions --> Why are moving expenses deductible?
Kevinh5 (talk|edits) said:
| 11 January 2008
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| is this a hypothetical or esoteric question?? I looked at your profile so I can't tell why you are asking this unless it is just to have a fun discussion.
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Ao in lv (talk|edits) said:
| 11 January 2008
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| Because every politician in Washington moved there from somewhere else.
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Olycraig (talk|edits) said:
| 11 January 2008
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| I think it starts with the concept of expenses incurred for the production of income. Yes those are deductible. And then you have away from home expenses, it costs money to stay somewhere temporarily while you earn money, so that is allowable. And then by extension, if you have to move all of your things to be near where there is available work, why shouldn't that be deductible too?
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Taxworld2 (talk|edits) said:
| 11 January 2008
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| Somebody asked me the question. I like the politician answer.
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Pegoo (talk|edits) said:
| 11 January 2008
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| Moving expense are deductible to assist the tax payer in relocation burden. You must meet the requirements before having that expense deductible.
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DerekCPA (talk|edits) said:
| 11 January 2008
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| The simple answer is they are deductible because the tax code says they are.
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Joanmcq (talk|edits) said:
| 11 January 2008
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| You have to move because of a job, so it relates to production of income. I'm sure the politicians get reimbursed!
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JR1 (talk|edits) said:
| January 11, 2008
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| Ao had the exact right answer.
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