Question
Mary Shelton has been transferred by her employer from Edmonton, AB to Montreal, QC. In the course of her move, she incurred the following expenses:
Mary Shelton has been transferred by her employer from Edmonton, AB to Montreal, QC. In the course of her move, she incurred the following expenses:
Airfare from Edmonton to Montreal $547
Legal fees to sell home in Edmonton $1,000
Real estate fees to sell home in Edmonton $5,000
Legal fees to purchase home in Montreal $800
Repairs to home in Montreal prior to moving in $2,000
Marys husband drove the 2,970 kilometres from Edmonton to Montreal in three days with their personal belongings and incurred the following expenses:
Gas $670
Meals $400
Since the move, Mary has earned employment income from her job in Montreal of $35,750.
Required: What are the maximum moving expenses Mary can deduct on her tax return?
Note under simplified method use 0.48 per KM driven
Solution: Deductible moving expenses: Actual Simplified
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