In May 2021, Reginald graduated from the Naval Academy with a degree in aeronautical engineering...
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Accounting
In May 2021, Reginald graduated from the Naval Academy with a degree in aeronautical engineering and was assigned to Pensacola, Florida as a permanent duty station. In his move to Pensacola, Reginald incurred the following costs:
- $485 in gasoline.
- $271 for renting a truck from UPAYME rentals.
- $114 for a tow trailer for his car.
- $99 in food.
- $32 in double espressos from Starbucks.
- $342 for motel lodging on the way to Pensacola.
- $454 for a previous plane trip to Pensacola to look for an apartment.
- $203 in temporary storage costs for his collection of sports memorabilia.
Required:
If the government reimburses him $900, how much, if any, may Reginald take as a moving expense deduction on his 2021 tax return?
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