Order the answer to: Len incurs $5,000 of deductible moving expenses in the current

Assignment Help law-business-law Order the answer to: Len incurs $5,000 of deductible moving expenses in the current

law-business-law

Order the answer to: Len incurs $5,000 of deductible moving expenses in the current

Question Len incurs $5,000 of deductible moving expenses in the current year and is fully reimbursed by his employer in the same year.
a. How are the expense deduction and the reimbursement reported on Len’s tax return if he uses the standard deduction?
b. What tax consequences occur if the reimbursement is $5,000 but only $3,000 of the $5,000 of moving expenses are tax deductible?
Subject law-business-law
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