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Author: BubblesUp One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Re: Interesting situation Date: 10/20/1999 8:00 AM
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>>Billy wrote: What about this - since there were only 2 weeks that were over the 1 year mark, are only those 2 weeks non-deductable?

You may have an argument for some of it, based on the very inconclusive Revenue Ruling that applies (RevRul 93-86). The ruling poorly distinguishes between temporary employment and indefinite employment. Temporary=deductible, and is defined as "employment away from home is realistically expected to last one year or less and actually does lst for one year or less. Indefinite=nondeductible & is when employment is realistically expected to last more than one year, regardless of whether it actually does last for more. Third situation is when you start out realistically expecting to last less than one year but at a later date, situation changes & you realistically expect to last mroe than a year; in that case it is treated as temporary until the time that you realized that the one year period will be exceeded.
It would damn sure be easier if they just put in black & white that first year is deductible & after that it's not. But unfortunately our Congress is wholly incapable of doing things the simple way (note that the IRS isn't to blame - Congress is. But they win more votes by wording things to their contributors' liking and then blaming the IRS when things go wrong. This editorial is the opinion of the writer and not necessarily the opinion of the station or its' sponsors).
I think one of your earlier posts discussed your term of employment but I don't recall the details. Hope this helps.
Regards, Gregg
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