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Jul 23, 2007

Movers and Savers

Taxpayers who have qualified moving expenses receive a deduction for adjusted gross income. The new mileage deduction for each auto used in connection with a qualified move is 20 cents per mile in 2007, up from 18 cents in 2006.
1820
By
Jerrold Stern

Taxpayers who have qualified moving expenses receive a deduction for adjusted gross income. The new mileage deduction for each auto used in connection with a qualified move is 20 cents per mile in 2007, up from 18 cents in 2006.

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