Ron Obtained a New Job and Moved from Houston to Washington.He

question 59

Multiple Choice

Ron obtained a new job and moved from Houston to Washington.He incurred the following moving expenses:

Assuming Ron is eligible to deduct his moving expenses,what is the amount of the deduction?

• A) $3,438
• B) $6,600
• C) $9,038
• D) $8,338

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Definitions:

Cash Receipts

Cash receipts are the total amount of money, including cash and checks, received by a business during a specific period for goods or services provided.