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Old 01-08-2008, 01:29 AM
dpb
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Default Re: Moving expense questions

Harlan Lunsford wrote:
- quote -

> Paul Thomas wrote:
> > "Kooner" <j.kooner[at]attbi.com> wrote

....

- quote -

> > > ...to keep them out fo the way while the movers loaded the
> > > truck. ...
> > > I see it as a reasonable part of the moving cost. See the

> > instructions for Form 3903.

> I can't agree with you Paul. The day before is not an integral part of
> the move itself; rather just for convenience. In fact it sounds more
> like a temporary living expense; not deductible.


If I read the statement correctly, it was the day of loading the truck,
just not the day the truck necessarily drove away which imo is a move.
In that position, I'd take it and make them make me give it back!
(That, of course, is personal opinion, not accountant advice since I'm not).

--

--
<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >
  #2  
Old 01-07-2008, 09:35 PM
Harlan Lunsford
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Default Re: Moving expense questions

Paul Thomas wrote:
- quote -

> "Kooner" <j.kooner[at]attbi.com> wrote
> > Hello, I have read pub 521 and still have 2 questions about deducting
> > moving expenses.

>

(snipped....)

- quote -

> > 2. I put my family (including a 2 year old) in a hotel the day before
> > the move to keep them out fo the way while the movers loaded the
> > truck. Does that day count as a deductible expense? Or is it only
> > hotel stays starting on the day you actually move?


> I see it as a reasonable part of the moving cost. See the instructions for
> Form 3903.


I can't agree with you Paul. The day before is not an integral part of
the move itself; rather just for convenience. In fact it sounds more
like a temporary living expense; not deductible.

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. > << ------------------------------------------------------- >
  #1  
Old 01-06-2008, 11:24 PM
Paul Thomas
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Default Re: Moving expense questions


"Kooner" <j.kooner[at]attbi.com> wrote
- quote -

> Hello, I have read pub 521 and still have 2 questions about deducting
> moving expenses.
> 1. If I incur moving expenses on Jan 1 2008, can I deduct them on my
> 2007 tax return?



Nope.

Take them in 2008.


Start that 2008 tax file now.






- quote -

> I moved at the end of Dec 2007 and have reciepts from
> Dec 30, Dec 31, Jan 1 and Jan 2.



Then you deduct them in each of the two years. ie: when paid.



- quote -

> 2. I put my family (including a 2 year old) in a hotel the day before
> the move to keep them out fo the way while the movers loaded the
> truck. Does that day count as a deductible expense? Or is it only
> hotel stays starting on the day you actually move?




I see it as a reasonable part of the moving cost. See the instructions for
Form 3903.



--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >
 
Old 01-06-2008, 06:09 AM
Dick Adams
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Posts: n/a
Default Re: Moving expense questions

Kooner <j.kooner[at]attbi.com> wrote:

- quote -

> Hello, I have read pub 521 and still
> have 2 questions about deducting moving
> expenses.
> 1. If I incur moving expenses on Jan 1 2008,
> can I deduct them on my 2007 tax return?
> I moved at the end of Dec 2007 and have
> receipts from Dec 30, Dec 31, Jan 1, and
> Jan 2.


Timing is everything. You have moving expenses
for 2007 and 2008.

- quote -

> 2. I put my family (including a 2 year old)
> in a hotel the day before the move to keep
> them out fo the way while the movers loaded
> the truck. Does that day count as a
> deductible expense? Or is it only hotel
> stays starting on the day you actually move?


I would suggest it is all part of the move.

Dick

--
<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >
  #-1  
Old 01-06-2008, 05:59 AM
Kooner
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Posts: n/a
Default Moving expense questions

Hello, I have read pub 521 and still have 2 questions about deducting
moving expenses.

1. If I incur moving expenses on Jan 1 2008, can I deduct them on my
2007 tax return? I moved at the end of Dec 2007 and have reciepts from
Dec 30, Dec 31, Jan 1 and Jan 2.

2. I put my family (including a 2 year old) in a hotel the day before
the move to keep them out fo the way while the movers loaded the
truck. Does that day count as a deductible expense? Or is it only
hotel stays starting on the day you actually move?

thanks.
Kooner.

--
<< ------------------------------------------------------- > << 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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