Moving expenses can only be deducted to the extent of any employment income earned at the new work location.

True

False

When an individual dies, there is a deemed disposition of all of his capital property at fair market value, without regard to his relationship to the beneficiary of his estate.

True

False

Workers' Compensation payments are included in Net Income For Tax Purposes, but deducted in the determination of Taxable Income.

True

False

Chris Shaffer is being transferred by his employer from Prince George, British Columbia to Red Deer, Alberta. Before moving into their new home, the Shaffers had to pay $2,000 to repair faulty wiring. The $2,000 is a deductible moving cost.

True

False