Roan is a student in Ontario who travelled to BC for his summer job.When in BC he worked in mining camps and his residence was over 40 km from his actual place of employment.He spent $2000 moving to BC and back to Ontario and earned $22 000.During the remaining eight months he went to school full time.Which of the following describes his tax situation best?
A)He will be able to claim full tax credits for moving expenses,tuition,education,books and the personal amount.
B)He will be able to deduct half the $2000 moving expenses because he lived more than 40 km from his work,and can claim tax credits tuition,education,textbooks and the basic personal amount.
C)He will be able to deduct $2000 for moving expenses and claim tax credits tuition,education,textbooks and the basic personal amount.
D)He will not be able to deduct moving expenses as he lived more than 40 km from his work,but he can claim tax credits tuition,education,textbooks and the basic personal amount.

Question

Quizplus · Accepted Answer

Roan can deduct the full amount of his moving expenses because he moved more than 40 km for work. He can also claim tax credits for tuition, education, textbooks, and the basic personal amount.

Roan Is a Student in Ontario Who Travelled to BC