As part of your moving costs in an eligible relocation, you can deduct the costs of maintaining your old residence for the period of time it was vacant while you were trying to sell it (interest, taxes, and utilities). However, there is a cap of $5,000 on these vacancy costs.

Question 7 options:

	True
	False

Social assistance payments are included in division B income but then there is an offsetting division C deduction, so that generally the net effect on taxable income will be zero.

Question 8 options:

	True
	False

Scholarship income to support enrollment in a post-secondary program can be exempt from inclusion in division B income.

Question 9 options:

	True
	False

On the disposition of listed personal property, the minimum proceeds of disposition is $1,000.

Question 10 options:

	True
	False

Which of the following is a deductible moving expense?

Question 17 options:

	GST (sales tax) paid on a new residence
	travel costs incurred to find a new home or apartment
	the cost of cancelling a lease on the old residence
	the loss incurred on the sale of an old residence