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Martin Jones was transferred from Vancouver to Montreal by his employer on October 1, 2022. The following expenses were incurred by Martin: Airfare for family
Martin Jones was transferred from Vancouver to Montreal by his employer on October 1, 2022.
The following expenses were incurred by Martin:
Airfare for family 2300 Moving cost of furniture 2000 Cost of disposing of Vancouver home legal fees 1500 real estate commission 11000 Cost of purchasing Montreal home prepaid realty taxes 1500 legal fees 2000 Quebec transfer tax 1300
Martin's employment income for tax purposes earned in Montreal during 2022 was $10,000.
Martin's employer reimbursed Martin for $5,000 of the moving expenses.
REQUIRED: Calculate the amount that Martin can deduct as moving expenses in 2022.
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