Go Back   CDN Business Directory > Main Category > Taxes

 
 
Thread Tools Display Modes
  #3  
Old 01-25-2005, 06:10 AM
Andrew
Guest
 
Posts: n/a
Default Re: Relocation due to job - not dollar for dollar?

- quote -

> > Is a relocation for a job a dollar for dollar deduction?

> Some relocation expenses, like direct moving expenses, are a
> dollar-for-dollar deduction against your INCOME. That
> doesn't mean that they are a dollar-for-dollar reduction in
> your TAXES. More like 10% to 25% for most people.


What I was looking for. Thanks.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #2  
Old 01-24-2005, 05:07 AM
Phil Marti
Guest
 
Posts: n/a
Default Re: Relocation due to job - not dollar for dollar?

"Andrew" <noemail[at]noemail.com> writes:

- quote -

> Is a relocation for a job a dollar for dollar deduction?

I have no idea what you're asking. See IRS Publication 521
for an explanation of what's deductible and how you deduct
it.

Phil Marti
Clarksburg, MD

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #1  
Old 01-24-2005, 03:51 AM
mytax@adams.net
Guest
 
Posts: n/a
Default Re: Relocation due to job - not dollar for dollar?

Andrew wrote:

- quote -

> Is a relocation for a job a dollar for dollar deduction?

See Form 2106 and instructions.

Missy Doyle

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 
Old 01-24-2005, 03:50 AM
Don Priebe
Guest
 
Posts: n/a
Default Re: Relocation due to job - not dollar for dollar?

- quote -

> Is a relocation for a job a dollar for dollar deduction?

Some relocation expenses, like direct moving expenses, are a
dollar-for-dollar deduction against your INCOME. That
doesn't mean that they are a dollar-for-dollar reduction in
your TAXES. More like 10% to 25% for most people.

--
Don EA in Upstate NY

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #-1  
Old 01-22-2005, 05:49 PM
Andrew
Guest
 
Posts: n/a
Default Relocation due to job - not dollar for dollar?

Is a relocation for a job a dollar for dollar deduction?

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

Tags
dollar, due, job, relocation
Similar Threads
Thread Forum Replies Last Post
one dollar bill
carrera d'olbani: Look at the US dollar bill. It has the words "IN GOD WE TRUST". But nowhere you can see the cross a sign of christianity. In God of what religion...
Microsoft Money 20 02-23-2007 10:02 PM
Split-Dollar Insurance
Stuart O. Bronstein: >I've heard the IRS has been attacking split-dollar life insurance programs. Have you heard anything about it? >Apparently there have been no...
Taxes 3 11-25-2003 04:00 AM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 08:30 AM.