Question

On October 10, 2024, Rhett and Judy moved from Idaho to California for Rhett's job. For the California return, all qualified moving requirements were met. They paid $495 for a rental truck, $298 for gas for the rental truck, and $23 for packing materials to move their personal property to California. They also paid $220 for lodging on the way, $20 for tolls, and $59 for meals. What amount are Rhett and Judy allowed to deduct for moving expenses on their California return?
$0
$1,056
$1,092
$1,115

Answer 1

$1,056

Explanation: California allows deductible moving expenses for qualified moves (unlike current federal law). Deductible items here are the rental truck ($495), gas for the truck ($298), packing materials ($23), lodging en route ($220), and tolls ($20). Meals ($59) are not deductible.

495 + 298 + 23 + 220 + 20 = 1,056.