Question: In the current year, Melissa Wright moved from Toronto to Vancouver to start a new business. In the current fiscal year, the business generated income
In the current year, Melissa Wright moved from Toronto to Vancouver to start a new business. In the current fiscal year, the business generated income in excess of $ Ms Wright incurred the following costs of moving:
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Which one of the following amounts represents the maximum amount that Ms Wright may deduct for moving expenses on he personal income tax return?
A $
B $
C $
D $
Additional information
Transport of household effects
$
Travelself, spouse, and three children
Legal feescondo purchase in Vancouver
Cancellation costslease in Toronto
Temporary accommodation while waiting for new house at $ per day for days
Househunting trip prior to move
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