Solved

At Her Employer's Request, Kim Moves from Albany to Chicago

Question 217

True/False

At her employer's request, Kim moves from Albany to Chicago. She incurs $20,000 of costs to move her household goods and to travel to the new location, plus $8,000 of temporary living expenses because the new home was not ready when she needed to start work. Her employer reimburses her the full $28,000 cost associated with the move. She cannot deduct the moving costs, but she is not economically impacted because she is fully reimbursed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions