Under what circumstances is an individual entitled to a home relocation loan deduction?
How is the amount of the deduction calculated?

Name: Under what circumstances is an individual entitled to a home relocation loan deduction? How is the amount of the deduction calculated?
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Question

Quizplus · Accepted Answer

There is no specific "home relocation loan deduction" in the U.S. tax code. Deductions related to moving expenses were eliminated for most taxpayers starting in 2018, except for active-duty military members.

Under What Circumstances Is an Individual Entitled to a Home