A Deduction Is Not Which of the Following

Deduct the 140 a month from the cost of the pass. See TIR 18-14 for more information.

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The remainder is the amount qualifying for the deduction.

. Massachusetts does not adopt this change. Claiming your moving expense deduction To claim the deduction the following must be met. The total amount deducted cannot exceed 750.

The amount of the deduction is the portion of the qualifying expenses that exceed 150. To calculate the deduction in these circumstances. Employee Payment by Payroll Reduction.

The taxpayers new main job. A deduction for moving expenses continues to be allowed if the above requirements are met as Massachusetts follows IRC 217 in effect as of January 1 2005.

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