can you help in solving this questions based on Chapter 9 - Moving Expense
At the request of her employer, Mrs. Sheila Sanders moves from Vancouver to Ottawa so she can work at the Ottawa head office instead of the Vancouver office. She moves into her residence on July 1, 2019 with her family of 5 (Sheila, her spouse, and 3 children). She earned $200,000 of employment income this year, $100,000 of which 9. Sheila and her family departs from Vancouver on June 1 and arrives 6 days later in Ottawa. Their new house is related to her work at the Ottawa head office. She incurred a variety of moving expenses related to the move. She not available until July 1, 2019, so the family spends 24 nights in a hotel in Ottawa. The temporary living costs associated with this 24 day period include: will use the simplified method for calculating all mileage and meal costs. Assume that the relevant flat rate for a. Hotel in Ottawa (24 nights at $190 per night) $4560 vehicle expenses if $0.58/km for all provinces, and the flat rate for meals is $51 per day per person. The expenses b. Food in Ottawa (24 days- total for all five family members) $2,000 1. They drove from Vancouver to Ottawa during their move. They spent $1,100 on fuel costs during the 4400 km drive, and also required a $40 oil chage. They also switched over to their summer tires, which cost $100. 10. Since the family was moving to a new address in a new province, they needed to replace their driver's licenses and other legal documents, which cost $350 total. 2. They spent 6 days driving during the course of their move. During these 6 travel days, they spent $600 on take out Required: Determine the maximum amount that can be deducted by Mrs. Sanders for the year ending December meals total for the 5 family members. 31, 2019 for moving expenses. 3. They also spent $1700 on hotels total during the 6 moving daysights as they drove from Vancouver to Ottawa. Respond on the "P2- Response" tab. Enter each deduction as a positive number in the yellow boxes beside each numbered line item. Only enter the deductible amount. If the expense is not deductible, enter the number 0 In the 4. They paid a moving company $4600 to transport their furniture and belongings in a moving truck across the yellow box beside the relevant line item. Show any extra work or notes in the green space provided on the "P2- country. Sheila's employer agreed to directly reimburse her for $1700 of these moving truck costs. Response" tab. 5. Their belongings needed to be stored for several days before it could all be moved in because of a difference Total deductible moving expenses: Enter each line item as a positive number between the old residence closing date and the earliest move-in date of the new residence. The storage costs Show any additional notes/ work in green space: 1. Travel costs- vehicle 6. Three weeks before their move, Sheila took a plane to Ottawa to check out potential houses to buy. The travel 2. Travel costs- meals costs for this house hunting trip included a $2500 plane ride, $350 in lodging cost, and $200 in meals. 3. Travel costs- lodging (hotels) 4. Moving truck costs 7. Sheila sanders sold her old residence of $250,000. The closing date was May 20, 2019. Sheila paid $2000 in legal 5. Storage of household effects fees during the sale of the old residence. Additionally, she paid $27500 in real estate commissions and $2100 in 6. House hunting costs 7. Sale of old residence-legal fees unpaid property taxes to the date of sale. She also paid $500 to clean and make minor repairs to her old residence 7. Sale of old residence- real estate commissions 7 Sale of old residence- unpaid property taxes 8. While Sheila will continue to work in Vancouver until June 1, the closing on the old residence was May 20. During 7. Sale of old residence- cleaning & repair costs the period from May 20 to June 1 (12 days), Sheila and her family resides in a Vancouver hotel. The temporary living 8. Temporary living costs in Vancouver- Hotels 8. Temporary living costs in Vancouver- Food costs associated with this 12 day period include: 9. Temporary living costs in Ottawa-Hotels a. Hotel in Vancouver (12 nights at $160 per night) $1920 9. Temporary living costs in Ottawa- Food b. Food in Vancouver (12 days- total for all five family members) $1,000 10. Costs of revising legal documents Total deductible moving expenses 0.00 formulized- do not type over