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#4
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| On Dec 24, 10:27*am, Harlan Lunsford <hnslunsf...[at]bellsouth.netwrote: - quote - > Well I don't think I would argue that one atall. * But if meals might be
If the movers were unrelated business people and paid their own meal> deductible (and why only 50% anyway? *not business related), why not the > paying for a haircut for the two guys with a truck? costs they would be limited to 50% of those costs (except for an OTR truck driver). If the customer reimbursed any part of those meal costs he/she would get to deduct 50% of the reimbursement as a moving expense. If the movers were relatives working only for expenses then the person getting moved would not, in my opinion, suddenly get to deduct 100% of the reimbursement. On the other hand, I believe it is arguable that the 50% of meals reimbursed does continue to be a deductible moving expense. As I noted in my original response, none of the costs incurred to support house hunting are deductible as moving expenses. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#3
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| Karl Magdono wrote: - quote - > On Dec 24, 10:27 am, Harlan Lunsford <hnslunsf...[at]bellsouth.net> wrote:
If you were in business for yourself and moving business assets, then> > Well I don't think I would argue that one atall. But if meals might be > > deductible (and why only 50% anyway? not business related), why not the > > paying for a haircut for the two guys with a truck? > > > Christmas ChEAr$, > > Harlan > Harlan, I don't understand your point about 50% and being business > related. My move was for work. such moving expenses would be deductible, and meals of course subject to the 50% rule. But in this case, your move was in connection with work, which I take it to be as an employee. Anyway, as you've already learned, those expenditures for parents' meals aren't deductible anyhow. Christmas ChEAr$, Harlan Lunsford, EA n LA -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#2
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| On Dec 24, 10:27 am, Harlan Lunsford <hnslunsf...[at]bellsouth.netwrote: - quote - > Bill Brown wrote:
Harlan, I don't understand your point about 50% and being business> > On Dec 21, 11:19 pm, Karl Magdono <kmagd...[at]yahoo.com> wrote: > > > My parents helped me move to a new city far away for work. If I pay > > > my for my parents' mileage when they were helping me move and look for > > > a new home, can I then deduct that as a moving expense? > > > I bought my parents their meals at restaurants while they were helping > > > me move and look for a new home. According tohttp://www.irs.gov/publications/p521/ar02.html#d0e1163, I can't > > > deduct meals for myself while traveling to my new home and searching > > > for a home, but can I deduct the cost of my parents' meals while we > > > were looking for my new home and then moving to it? Considering I > > > saved money and had lower expenses by using my parents' help, it > > > doesn't seem unreasonable to deduct expenses related to having them > > > help. > > First, house hunting costs are not deductible moving expenses. So, any > > payments you made to your parents (or payments or to motel rooms or > > transportation for yourself) provide no tax benefit if incurred while > > you were looking for a place to live. > > Second, arguably the costs of your movers' meals would be 50% > > deductible by you if paid by you. > Well I don't think I would argue that one atall. But if meals might be > deductible (and why only 50% anyway? not business related), why not the > paying for a haircut for the two guys with a truck? > Christmas ChEAr$, > Harlan related. My move was for work. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#1
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| Bill Brown wrote: - quote - > On Dec 21, 11:19 pm, Karl Magdono <kmagd...[at]yahoo.com> wrote:
deductible (and why only 50% anyway? not business related), why not the> > My parents helped me move to a new city far away for work. If I pay > > my for my parents' mileage when they were helping me move and look for > > a new home, can I then deduct that as a moving expense? > > > I bought my parents their meals at restaurants while they were helping > > me move and look for a new home. According tohttp://www.irs.gov/publications/p521/ar02.html#d0e1163, I can't > > deduct meals for myself while traveling to my new home and searching > > for a home, but can I deduct the cost of my parents' meals while we > > were looking for my new home and then moving to it? Considering I > > saved money and had lower expenses by using my parents' help, it > > doesn't seem unreasonable to deduct expenses related to having them > > help. > First, house hunting costs are not deductible moving expenses. So, any > payments you made to your parents (or payments or to motel rooms or > transportation for yourself) provide no tax benefit if incurred while > you were looking for a place to live. > Second, arguably the costs of your movers' meals would be 50% > deductible by you if paid by you. Well I don't think I would argue that one atall. But if meals might be paying for a haircut for the two guys with a truck? Christmas ChEAr$, Harlan -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| On Dec 21, 11:19*pm, Karl Magdono <kmagd...[at]yahoo.com> wrote: - quote - > My parents helped me move to a new city far away for work. *If I pay
First, house hunting costs are not deductible moving expenses. So, any> my for my parents' mileage when they were helping me move and look for > a new home, can I then deduct that as a moving expense? > I bought my parents their meals at restaurants while they were helping > me move and look for a new home. *According tohttp://www.irs.gov/publications/p521/ar02.html#d0e1163, I can't > deduct meals for myself while traveling to my new home and searching > for a home, but can I deduct the cost of my parents' meals while we > were looking for my new home and then moving to it? *Considering I > saved money and had lower expenses by using my parents' help, it > doesn't seem unreasonable to deduct expenses related to having them > help. payments you made to your parents (or payments or to motel rooms or transportation for yourself) provide no tax benefit if incurred while you were looking for a place to live. Second, arguably the costs of your movers' meals would be 50% deductible by you if paid by you. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
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| My parents helped me move to a new city far away for work. If I pay my for my parents' mileage when they were helping me move and look for a new home, can I then deduct that as a moving expense? I bought my parents their meals at restaurants while they were helping me move and look for a new home. According to http://www.irs.gov/publications/p521/ar02.html#d0e1163 , I can't deduct meals for myself while traveling to my new home and searching for a home, but can I deduct the cost of my parents' meals while we were looking for my new home and then moving to it? Considering I saved money and had lower expenses by using my parents' help, it doesn't seem unreasonable to deduct expenses related to having them help. Thanks for your advice. |
| Tags |
| expenses, helpers, meals, mileage, moving, paying |
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