Beginning in 2018, the Moving Expense Deduction Has Been Eliminated

question 109

True/False

Beginning in 2018, the moving expense deduction has been eliminated for all taxpayers.

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Definitions:

Domestic Propaganda

Information, especially of a biased or misleading nature, used to promote or publicize a particular political cause or point of view within a country.

Personal Income

The total earnings received by an individual, including wages, salaries, and other sources, before taxes and other deductions.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Nazi Death Camps

Concentration and extermination camps operated by Nazi Germany during World War II, where millions of Jews and other persecuted groups were systematically murdered in the Holocaust.