Reference no: EM133150060
Question - On September 22nd, 2021, Andy moved from Montréal to Toronto to start a new job. Details relating to his move are as follows: Andy found a new home in Toronto during a 2-day June house-hunting trip there. The legal arrangements for the house purchase were finalized on July 10th, 2021. In Montréal, he had lived in a house that he had rented. His agreement with his new employer requires that he pay for his own moving costs. Note that he does not use the simplified method to calculate moving costs. Also, his employment income relating to the period in 2021 after the move totaled $34,850. The breakdown of his actual moving expenses was as follows:
Moving company charges = $9,100
Airfare for house-hunting Toronto trip in June = $540
Gas for September 22nd move to Toronto = $415
Meals on September 22nd during move to Toronto = $40
Charges for cancellation of lease on Montréal home = $3,300
Required - Compute the total amount of deductible moving expenses for 2021. You do not have to explain why any items were omitted from your calculations; however you will lose marks for amounts included/deducted in error. Show all of your work whether or not you feel it is relevant to your final answer.
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