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QUESTION 8 George Springer, who is single and has no children, moved from Thunder Bay to Toronto in 2021 to start a new job. George
QUESTION 8 George Springer, who is single and has no children, moved from Thunder Bay to Toronto in 2021 to start a new job. George earned a salary of $90,000 in 2021 from this new job. George incurred the following costs of moving: Fuel expenses incurred during the three-day move (based on receipts) 500 Moving company charges 10,000 Meals expenses incurred during the three-day move 125 Hotel expenses incurred during the three-day move 400 Moving allowance paid to George by his new Toronto employer 4,000 The distanced traveled by car for the move was 1,400 kilometres. George regularly contributes to his tax-free savings account (TFSA) and his registered retirement savings plan (RRSP). On July 1, 2021, he contributed $6,000 to his TESA and $5,000 to his RRSP. George's RRSP deduction limit for 2021 is $14,740. What is the minimum amount of taxable income that George Springer has to report on his 2021 personal income tax return resulting from the above transactions? Round your answer to the nearest dollar. Ignore the deduction for CPP enhanced contributions, if applicable. (Hint: assignment problem 9-15 (M) will greatly assist you with this question). **IMPORTANT: do not include the dollar sign ($) in your answer. For example, if your answer is $10,000, please write it as 10000 or 10,000. Do not write it as $10,000**
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