After graduating from college, Clint obtained employment in Omaha. In moving from his parents' home in
Baltimore to Omaha, Clint incurred the following expenses:
$\begin{array}{lr}
\text { Transportation } & \$ 700 \
\text { Meals } & 380 \
\text { Lodging } & 400 \
\text { Cost of moving household goods } & 3,500
\end{array}$
a. How much may Clint deduct as moving expense?
b. Would any deduction be allowed if Clint claimed the standard deduction for the year of the move? Explain.

Question

After graduating from college, Clint obtained employment in Omaha. In moving from his parents' home in
Baltimore to Omaha, Clint incurred the following expenses:
 $\begin{array}{lr}
\text { Transportation } & \$ 700 \
\text { Meals } & 380 \
\text { Lodging } & 400 \
\text { Cost of moving household goods } & 3,500
\end{array}$ 
a. How much may Clint deduct as moving expense?
b. Would any deduction be allowed if Clint claimed the standard deduction for the year of the move? Explain.

Quizplus · Accepted Answer

The Answer of After graduating from college, Clint obtained employment in Omaha. In moving from his parents' home in
Baltimore to Omaha, Clint incurred the following expenses:
 $\begin{array}{lr}
\text { Transportation } & \$ 700 \
\text { Meals } & 380 \
\text { Lodging } & 400 \
\text { Cost of moving household goods } & 3,500
\end{array}$ 
a. How much may Clint deduct as moving expense?
b. Would any deduction be allowed if Clint claimed the standard deduction for the year of the move? Explain.

After Graduating from College, Clint Obtained Employment in Omaha A How Much May Clint Deduct as Moving Expense? B

After Graduating from College, Clint Obtained Employment in Omaha A How Much May Clint Deduct as Moving Expense?
B