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On November 1, 2012 James Deanne moved from Saskatchewan to Nova Scotia. He traveled 2,300 km by car for 4 days in order to move. He used a rented storage van to move his belongings which cost him $800.00. He spent $1,400 in September on a trip to Nova Scotia to search for a home. He's very picky about the size of his kitchen so needed to be there in person. From November 1 - 30th, James lived in a rented apartment until his house was available to be moved into. The apartment cost $125 per night.

James earned $10,000 in income in his new job in Nova Scotia after the move and his employer paid him $1,000 specifically to cover the cost of the move, but doesn't specify what it can be used for.

find out James' maximum moving expense deduction.

options:

$4,506

$3,894

$3,506

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M941387

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