You are leaving Gander, NFL. to start a new job in the city of Sydney, NS. In April of 2017, you went to Sydney for 3 days to look for a new residence since you'll be starting a new career there (however, you didn't end up buying or leasing anything yet). The expenses were as follow Airfare-Gander to Sydney and Return $465 Car Rental $277 Actual Total Hotel Costs $475 Actual Total Meal Costs $138 After returning to Gander in April, you decided to sell your home. You were lucky and got an offer shortly after listing. See below for details on your home sale: Sales Price of Your Home $345,624 Original Purchase Price of Home $259,218 Real Estate Commission $13,825 Legal Fees for Sale of Home $484 Cost to Repaint Home to Help Sell Faster $735 Since you sold your home before you left Gander, you needed to stay at a Gander hotel for a short period to wrap up your affairs before heading off to Sydney. Given your aversion to paperwork, you couldn't be bothered to maintain any of your meal receipts regarding the move. # of Days in Gander Hotel Actual Total Hotel Costs ($180/Day) 10 $1,800 In late April (while still in Gander) you decided to lease an apartment in Sydney (sight unseen). You're now ready to hit the road and threw what you could fit into your car. The following are the expenses incurred during the trip from Gander to Sydney: # of KM Driven 815 1 # of Days on Road Actual Vehicle Operating Costs ??? Didn't keep receipts S/KM Rate for Nova Scotia $0.50 $/KM Rate for Newfoundland $0.54 Actual Total Hotel Costs $0 Cost of Moving Company to Ship Items 3344 When you arrived at the newly leased apartment it turned out that a water pipe had broken and the apartment was under repairs; as a result you stayed in a Sydney hotel while your landlord fixed the problem. The landlord refused to reimburse you for these costs. # of Days in Sydney Hotel 11 $1,980 Actual Total Hotel Costs ($180/Day) Required: 1. Determine the maximum moving expenses that may be claimed in the 2017 tax year assuming: 2017 Employment Income in Gander $37,915 $19,550 2017 Employment Income in Sydney 2. Indicate if there is any carryover available for 2018. Note: Your new employer did not provide you with any reimbursement for the moving expenses. You are leaving Gander, NFL. to start a new job in the city of Sydney, NS. In April of 2017, you went to Sydney for 3 days to look for a new residence since you'll be starting a new career there (however, you didn't end up buying or leasing anything yet). The expenses were as follow Airfare-Gander to Sydney and Return $465 Car Rental $277 Actual Total Hotel Costs $475 Actual Total Meal Costs $138 After returning to Gander in April, you decided to sell your home. You were lucky and got an offer shortly after listing. See below for details on your home sale: Sales Price of Your Home $345,624 Original Purchase Price of Home $259,218 Real Estate Commission $13,825 Legal Fees for Sale of Home $484 Cost to Repaint Home to Help Sell Faster $735 Since you sold your home before you left Gander, you needed to stay at a Gander hotel for a short period to wrap up your affairs before heading off to Sydney. Given your aversion to paperwork, you couldn't be bothered to maintain any of your meal receipts regarding the move. # of Days in Gander Hotel Actual Total Hotel Costs ($180/Day) 10 $1,800 In late April (while still in Gander) you decided to lease an apartment in Sydney (sight unseen). You're now ready to hit the road and threw what you could fit into your car. The following are the expenses incurred during the trip from Gander to Sydney: # of KM Driven 815 1 # of Days on Road Actual Vehicle Operating Costs ??? Didn't keep receipts S/KM Rate for Nova Scotia $0.50 $/KM Rate for Newfoundland $0.54 Actual Total Hotel Costs $0 Cost of Moving Company to Ship Items 3344 When you arrived at the newly leased apartment it turned out that a water pipe had broken and the apartment was under repairs; as a result you stayed in a Sydney hotel while your landlord fixed the problem. The landlord refused to reimburse you for these costs. # of Days in Sydney Hotel 11 $1,980 Actual Total Hotel Costs ($180/Day) Required: 1. Determine the maximum moving expenses that may be claimed in the 2017 tax year assuming: 2017 Employment Income in Gander $37,915 $19,550 2017 Employment Income in Sydney 2. Indicate if there is any carryover available for 2018. Note: Your new employer did not provide you with any reimbursement for the moving expenses