February 06, 2006
Sometimes the IRS is cool
"If you are an employee, you must work full time in the general area of your new workplace for at least 39 weeks during the 12 months right after you move. If you are self-employed, you must work full time in the general area of your new workplace for at least 39 weeks during the first 12 months and a total of at least 78 weeks during the 24 months right after you move.Yeah, I can do that. No problem. $5k deduction here I come!
If you expect to meet the time test, you can deduct your moving expenses in the year you move."
Posted by caltechgirl at February 6, 2006 12:48 PM | TrackBack
Comments
Good for you!
Posted by: Richmond at February 6, 2006 06:24 PMIndeed, except for their, you know, exisiting and stuff.
Posted by: Jay at February 7, 2006 08:34 AMGrrr. "existing"
Posted by: Jay at February 7, 2006 08:34 AM