Question: #6 (9 MARKS) Sammy Davis worked for Low Quality Construction in Edmonton until they ran out of work in April 2021. He started looking around
#6 (9 MARKS) Sammy Davis worked for Low Quality Construction in Edmonton until they ran out of work in April 2021. He started looking around for a new job and found one in Moose Jaw working for Better Quality Construction. He has brought you the following information about his move: of People: April, 2021 Cost to Cancel Lease on Edmonton Home 2 (Sammy and his wife) Fees Charged by Landlord for Excessive Damage to Leased Home May, 2021 Costs to Househunt in Moose Jaw June, 2021 Purchase Price of New Home in Moose Jaw
Legal Fees and Related Closing Costs for Purchase Actual Vehicle Cost from Edmonton to Moose Jaw Actual Meal Cost for Trip (1 Full Day) Actual Hotel Cost Waiting for Possession Date (3 Days) Actual Meal Costs Waiting for Possession Date (4 Days) Costs for Moving Company from Edm to MJ # of KM from Edmonton Home to Moose Jaw Home Employment Income in Edmonton Employment Income in Moose Jaw Reimbursement of Expenses from MJ Employer $/KM Rate for Alberta $/KM Rate for Saskatchewan Meal Allowance $0.510 $0.515 $23 per Meal 3 x 4 x 69 740 KM $7,500 $52,200 $5,900 $2,300 $1,210 $3,100 $385,000 $2,400 $280 $50 $400 $400 $5,000 REQUIRED: Determine the maximum moving expenses for taxation year and indicate if there is any carryover.
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