- 7 - 440 (1934); Welch v. Helvering, supra. In addition, a taxpayer is required to keep books or records to substantiate all deductions which are claimed. Sec. 6001; sec. 1.6001-1(a), Income Tax Regs. Where a taxpayer fails to produce any records to substantiate his deductions, disallowance of the claimed deductions is proper. Williams v. Commissioner, T.C. Memo. 1986- 195. Moving Expense Deduction Ordinarily, moving expenses are considered nondeductible family and living expenses. However, subject to certain requirements neither relevant nor in dispute in this case, section 217 permits a deduction for all reasonable moving expenses paid or incurred during the taxable year in connection with the commencement of work as an employee at a new principal place of work. Whether a claimed moving expense is reasonable is a question of fact to be determined under the circumstances of the particular move. Sec. 1.217-2(b)(2), Income Tax Regs. A taxpayer is required to prove the expenses incurred. See Haberthier v. Commissioner, T.C. Memo. 1984-377. Petitioners' proof in support of the disputed moving expense deduction consists of petitioner's testimony and records from PSI relating to the amount of relocation benefits petitioner received. AfterPage: Previous 1 2 3 4 5 6 7 8 9 10 11 Next
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