Question
During 2017, Jan Harding accepted a job transfer from British Columbia to Ontario. She will begin her new position on December 1. Her new salary
During 2017, Jan Harding accepted a job transfer from British Columbia to Ontario. She will begin her new position on December 1. Her new salary will be $102,000 per annum or $8,500 per month. Upon arriving, Jan spent 25 days staying in a hotel due to an unfortunate delay in moving into her new residence. Jan incurred expenses related to the move of $13,402. Included in this total was $1,125 for meals and $2,125 for hotel stays while waiting for her new residence to be ready. How much can she claim on her 2017 tax return for moving expenses?
A.$ 8,500.n
B.$12,102.n
C.$12,952.n
D.$13,402.
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Fundamentals of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
3rd edition
1118845897, 978-1118845899
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