54 Which one of the following statements is correct in regar

54. Which one of the following statements is correct in regard to deductible moving a. There does not have to be a required minimum distance from your b. There does not have to be a minimum distance from your former c. There is not a minimum distance requirement from your former job to d. You will meet the distance test if your main job location is at least 30 expenses? former home to your new home. home to your new job. your new job. miles from your former home. 55. Art graduated from college. He had never been previously employed. He moved from his former home to a new home in order to be closer to his first-time job. Which one of the following statements is correct in regard to deducting his moving expenses? Because it is his first job, Art is required to meet a distance test. a. b. Because it is his first job, Art is required to move a minimum of 35 c. Because it is his first job, Art is not allowed to deduct any moving d. Because it is his first job, Art\'s move must be at least 100 miles from miles expenses, no matter the distance. his former home. 56. Which one of the following statements is correct for an employee to qualify to deduct moving expenses? a. Weeks worked as a self-employed person qualify for the minimum b. You do have to work the minimum required number of weeks in a c. You are required to work full-time in the same general commuting d. You have to work for the same employer for the minimum number of number of required weeks. row. area. required weeks.

Solution

54. answer is A PART

distance test is satisfied only when your new main job location is atleast farther than 50 miles from your former home than old main job location was from your former home.

55.answer is A part

distance should be 50 miles from place of work from his former home.

56. answer is C part

the time period of general commutingg area is 39 weeks full time

 54. Which one of the following statements is correct in regard to deductible moving a. There does not have to be a required minimum distance from your b. There

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site