First, determine the highest amount of each account for the relevant year. This is the high-water mark of the account, ie the max amount that you have held in the account at any point during the year, even if just for a second. It doesn’t matter ...
Changed Job Location Federal tax laws allow you to deduct your moving expenses if your relocation relates to starting a new job or a transfer to a new location for your present employer. To qualify for the deduction, your new work location ...