What can be deducted as moving expenses in the current year


Problem

In October, Dave quit his job with employer I and in December found a new job with employer Il in a new city. His salary with employer I was $42,000 and with employer ll it was $3,000. The following expenses related to this eligible move:

Legal expenses with respect to purchase of new residence $1,000
Cost of transporting household effects $2500
Cost of driving a new city$100
Commission paid on sale of old residence $10,000
New furniture$5,500

What can be deducted as moving expenses in the current year?

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Taxation: What can be deducted as moving expenses in the current year
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