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Path: utzoo!linus!philabs!ttidca!ttidcb!tompkins
From: tompkins@ttidcb.UUCP (Pete Tompkins)
Newsgroups: net.taxes
Subject: Moving Expenses
Message-ID: <186@ttidcb.UUCP>
Date: Mon, 29-Oct-84 21:15:56 EST
Article-I.D.: ttidcb.186
Posted: Mon Oct 29 21:15:56 1984
Date-Received: Wed, 31-Oct-84 05:59:45 EST
Organization: TTI, Santa Monica, CA.
Lines: 23



Moving expenses are generally deductable if you work full time in the
new location for either 39 week in the first 12 months or 78 weeks in the
first 24 months after the relocation.  Self-employed probably must meet
the 78 week test. (Code Section 217(c)(2)(B))  There is no limit to
the direct expenses deducted.  Some indirect expenses may be deducted
within limits (cost of selling your home, looking for a new home, etc.)
The limit is generally $1500 for premove househunting trips and temporary
living expenses at the new location and $3000 total for the above and
expenses of a house sale. (Reg 1.217-2(b))  Note the 39/78 week rule is
waived if the second transfer is a re-transfer for the benifit of the
employer "after obtaining full-time employmentin which the taxpayer could
reasonably have been expected to satisfy such condition." (Code Sect.
217(d))

If the first move was seen (at the time of the move) as a temporary
assignment away from home, there may be a more favorable treatment
available which allows you to travelling expenses to and from the
temporary assignment, in addition to reasonable expenses for meals and
lodging in the city of the temporary assignment (IRS pub 463 - 11/80).
Note however that if duplicate living expenses are not incurred then
these expenses are probably not deductable (TC memo 1976-26).