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Tax Answers

BUSINESS
March 15, 1994
Here are answers from members of the Maryland Association of Certified Public Accountants to readers' tax questions. The Sun will publish answers through April 15.Q: Is there a limitation on temporary housing costs of $1,500? If costs exceed that amount, is the excess amount allowed to be carried over into the subsequent year as a deductible item? Are temporary housing costs part of moving expenses?A: For years up to and including 1993, temporary housing costs incurred as job-related moving expenses are deductible, subject to certain limitations.
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