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Deductions & credits
@IsabellaG thanks for this! your logic makes sense, but I'm worried that this won't work anymore because:
1. The TCJA eliminated the miscellaneous itemized deduction on Schedule A line 28. Does this mean this deduction method won't work anymore?
2. my relocation expenses were taxed at income tax, but according to this article, relocation payback is not eligible for section 1341
https://www.worldwideerc.org/article/repayments-under-us-payback-agreements-no-longer-deductible/
what are your thoughts on this? Would love to hear them as I am in the same predicament! @dennisjemmatty
‎July 5, 2019
4:02 AM