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Constance Currently Commutes 25 Miles from Her House to Her

question 56

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Constance currently commutes 25 miles from her house to her existing part time job in the suburbs. Next week she begins a new full time job in another state, and this job location is 100 miles from her existing home. Because of the additional distance Constance is selling her house, and she has rented an apartment that is only 2 miles from her new job. Constance expects to pay the following moving expenses.  Insurance $1,000 Mortgage interest 7,500 Property taxes 3,200 Repairs and maintenance 800 Utilities 1,700 Depreciation 5,700\begin{array} { | l | r | } \hline \text { Insurance } & \$ 1,000 \\\hline \text { Mortgage interest } & 7,500 \\\hline \text { Property taxes } & 3,200 \\\hline \text { Repairs and maintenance } & 800 \\\hline \text { Utilities } & 1,700 \\\hline \text { Depreciation } & 5,700 \\\hline\end{array} Determine if this move qualifies for a moving expense deduction and calculate the amount (if any) of the deduction.


Definitions:

Order Acknowledgement

A formal document or message confirming the receipt and processing of an order.

Promotional Material

Items or media used to advertise or market a product, service, or event, such as flyers, posters, or online ads.

We-viewpoint

A perspective in discussion or narrative that prioritizes collective action or opinion, emphasizing "we" over "I".

Routine Inquiry

A standard or common question posed to obtain information in familiar or everyday contexts.

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