In May 2012, after 11 months on a new job, Ken is fired after he assaults a customer. Ken must include in his gross income for 2012 any deduction for moving expenses he may have claimed on his 2011 tax return.

Question

Quizplus · Accepted Answer

Ken's firing does not affect the moving expense deduction claimed on his 2011 tax return, as the deduction is based on the circumstances at the time of the move, not subsequent events.

In May 2012, After 11 Months on a New Job