Has anyone claimed this deduction under the 50 mile limitation? Were you audited?
2007-03-27 09:37:58 · 7 answers · asked by dabozz 1 in Business & Finance ➔ Taxes ➔ United States
Read the section where you sign your return. It says "under penalty of perjury, I declare that I have examined this return and accompanying schedules...they are true, correct and complete." People do lie on their tax returns. It's a crime, but that doesn't bother everyone. Some of them get away with it, some don't. Your call.......
The year I deducted moving expenses, I was audited because of the moving expenses. I ended up not owing anything, even got a small (around $50) additional refund - but my move was a legal deduction under the law.
2007-03-27 10:38:21 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
in case you're at present employed or those days unemployed, your expenditures to seek for brand spanking new employment (return and forth, transportation, resumes, postage) interior a similar field are deductible on time table A as miscellaneous deductions difficulty to a 2% of AGI floor. you should itemize deductions on time table A to acquire any tax income. in case you relocate and acquire finished-time employment at your new area, you will possibly be able to deduct your unreimbursed shifting expenditures. those deductions are figured on IRS form 3903 and are deducted out of your gross income as an adjustment. you do no longer ought to itemize deductions to get a tax income for shifting expenditures. Your new activity must be your first activity, or a job in a distinctive occupation than your previous activity. you are able to not deduct the value of employer outfits which contain fits.
2016-10-20 02:01:28 · answer #2 · answered by balikos 4 · 0⤊ 0⤋
The IRS will compare the zip code for your previous address with the zip code for your new address and calculate the likely distance involved. This is pretty much automatic. If it's more than 50 miles you MIGHT get checked. If it's less than 50 miles you WILL get checked.
2007-03-27 09:57:28 · answer #3 · answered by Bostonian In MO 7 · 2⤊ 0⤋
Is you question is: can I cheat?
Sure, you can try. But you might get audited. And then, you risk being brought up on fraud charges.
For moving expenses... it's sooo not worth it. If you want to break the law, there are more lucrative ways.
2007-03-27 09:46:18 · answer #4 · answered by Jay 7 · 3⤊ 0⤋
My CPA told me that the main thing that triggers an audit is a sudden change in income, either up or down.
2007-03-27 09:46:33 · answer #5 · answered by Anonymous · 0⤊ 1⤋
don't they ask for your new address and your old address??
is it worth an audit?
would you sleep well at night??
free advice,, it's worth the price!!
2007-03-27 09:42:26 · answer #6 · answered by Jeff 3 · 1⤊ 0⤋
cheater's never win and winner's never cheat. :)
2007-03-27 09:50:19 · answer #7 · answered by momzadork 3 · 1⤊ 0⤋