On Feb 16, 2:14*pm, "R. Pile" <michael.br...[at]wdn.com> wrote:
- quote -

Qualified moving expenses are deducted, by a cash basis taxpayer, in
the year paid no matter when the move occurred.

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A cross country move was completed in late November 2007. Easily
meets (or will meet) the time and distance tests. Some of the
expenses were paid by December 31, others were not paid, or even
invoiced, until after January 1.

Is the moving expense deduction limited to only those costs paid in
full in 2007 or can the 2008 payments be included? Otherwise, is the
moving expense deduction taken in both 2007 and 2008 for the costs
actually paid in those years?

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<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >