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Deductions & credits
As I said earlier, we've never considered using moving expenses for tax purposes. These have always been off the table. Actually the relatively new IRS tax rules severely limit the use of moving expenses to reduce taxes anyway. I'm not a member of the armed forces with orders for a change of assignment location, so I wouldn't qualify under the new rules - or, for that matter, under the old rules either.
But, yes, I'm certainly interested in using storage charges associated at least with staging to reduce capital gains. In our case that would be 4-6 weeks of storage charges. I don't see that as trying to get away with something unless the IRS or a tax court has already ruled against it.
‎February 23, 2023
10:40 PM