Which of the Following Is (Are)correct Concerning the Time Test

question 147

Multiple Choice

Which of the following is (are) correct concerning the time test for deducting moving expenses?
I.Self-employed individuals must work in the new location for 39 weeks during a 2-year period.
II.A transfer of the employee by the employer waives the time requirement.
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• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

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