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15040E Moving Expenses for Use in Preparing Who Can Deduct Moving Expenses Form

15040E Moving Expenses for Use in Preparing Who Can Deduct Moving Expenses Form

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hello and welcome to the session in which we would look at two adjustments to income which are moving expense for members of the armed forces and the penalty on early withdrawal or savings i'm gonna keep this penalty on early withdrawals and savings till the end of the session i will discuss more the moving expense and the move and expense is only specific for active members of the armed forces and they have to complete the form 3903 now this is part of the adjustment so those two adjustments notice that on line 13 and 17 on four schedule schedule one form 2020. now again if you're dealing with 21 22 they should be still an adjustment assuming the law does not change but they might be in a different place now again once we add up all the adjustments let's assume all of them add up to 2000 the adjustments let me just you know let's assume 1000 for moving expenses and 1 000 for penalty on early withdrawal that's stiff penalty but that's oka

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