Question

Angie moved from Nevada to Vancouver, Washington during the year looking for work. She finally found a job in Portland, Oregon. Angie can take her moving expenses on her Oregon Form 40N return. True or False?

Answer 1

Angie cannot take the moving expenses deduction on her Oregon Form 40N as the Tax Cuts and Jobs Act suspends the deduction for most taxpayers, including those who are not in the Armed Forces, for tax years 2018 through 2025.

Step-by-step explanation:

The question is whether Angie can deduct her moving expenses on her Oregon Form 40N tax return after moving from Nevada to Vancouver, Washington, and then finding a job in Portland, Oregon. The answer is false. Generally, for tax years 2018 through 2025, the Tax Cuts and Jobs Act suspends the deduction for moving expenses, except for members of the Armed Forces on active duty who move because of a military order. As Angie is not specified to be a member of the Armed Forces, she would not be able to take the moving expenses deduction on her Oregon Form 40N. It's always wise to consult a tax professional or the official state guidelines for the most accurate and updated information regarding deductions.