Tired of her 60 mile daily commute,Margaret purchases a condo that is only five miles from her job.Margaret's moving expenses to her new condo are not allowed and cannot be claimed by her as a deduction.

Question

Quizplus · Accepted Answer

Moving expenses are only deductible if the move is related to starting a new job or relocating due to a job transfer. In this case, Margaret is not starting a new job nor being transferred, so her moving expenses cannot be claimed as a deduction.

Tired of Her 60 Mile Daily Commute,Margaret Purchases a Condo