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How to deduct these itemized deductions?
Moving expenses such as Traveling to look for a home in a new city, airfare to move the family to a new city, and moving expenses such as a moving van.....are these deductible before or after AGI?
and also are the following deductible before or after AGI and if there's any exceptions to the rules that you can add it would be appreciated....
-Interest of home mortgage
-Real estate taxes on home
-cash donation to a 501 charity organization
-a donation to a university that was purchased for $1000 but appraised at $5000 when donated
-CPA fees
-medical insurance
THANK YOU!!!!!! Your assistance is much appreciated!!
5 Answers
- troLv 71 decade agoFavorite Answer
I believe you will find moving expenses one of the credits to arrive at AGI
itemized deductions consist of a limited amount of medical, taxes including home, additional property, some of your car license etc, donations to charities, casualty losses and misc deductions ie. union dues, employer r'qd items etc.
you might go to www.irs.gov and request publication 17
- travelguruetteLv 61 decade ago
The moving costs are deductible under certain circumstances. The rest are itemized deductions on the Schedule A
- ?Lv 44 years ago
feels like homework yet while your AGI is one quantity and your itemized deduction are a similar it may be obvious there could be no earnings tax criminal accountability besides the own exemptions further assure no earnings tax criminal accountability
- Anonymous1 decade ago
"to look for a new home" is NOT a moving expense.
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