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QUESTION 3 Marcus Semien moved from Toronto to Vancouver in 2021 to start a new job. He earned $40,000 from his Toronto job and $50,000
QUESTION 3 Marcus Semien moved from Toronto to Vancouver in 2021 to start a new job. He earned $40,000 from his Toronto job and $50,000 from his Vancouver job in the year of the move. Marcus incurred the following costs of moving: Moving van to transport household effects 5,000 Meals costs for the five-day move 1,000 Hotel costs for the five-day move 500 Fuel costs for the five-day move (all travel was by 1,500 car) House hunting trip costs (prior to Vancouver move) 800 Marcus, his spouse and their two children all made the move to Vancouver. The distance traveled by car was 4,430 kilometres. Which one of the following amounts represents the maximum amount Marcus Semien can deduct as moving expenses on his 2021 personal income tax return, rounded to the nearest dollar? $8,000 $8,800 $9,317 $10,117
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