Deductible Moving Expenses for Tax Year 2022

Moving Expense Deduction Ms. Latricia Mode worked for a small company in Edmonton for several years but realized that there were few advancement opportunities. As a result, she resigned as of May 1, 2022 and began negotiations with a prospective employer in Winnipeg, She accepted the position at a starting salary of $4,000 per month to begin November 1, 2022. After accepting the job, Latricia listed her Edmonton house for sale and flew to Winnipeg to find a new home. After 3 days she purchased a suitable house that would be available on October 28, 2022. To acquire furnishings, she remained in Winnipeg an additional 4 days after the purchase. Her expenses for this 7-day trip were as follows: Air Fare (Edmonton - Winnipeg, Return)$ 586 Car Rental (7 Days at $45)315 Hotel (7 Nights at $122)854 Food (7 Days - Total)455 Her house in Edmonton proved difficult to sell since there were many homes in her neighborhood that were for sale. The one offer she received wanted possession at the end of the day on October 1, 2022. Reluctantly, she accepted the offer. On October 1, 2022, Latricia supervised the packing and moving of her property. She then spent 2 days in an Edmonton hotel while she finalized arrangements for her departure. Expenses during these 2 days were as follows: Hotel (2 Nights at $115)$230 Food (2 Days - Total)26 On October 3, she leaves Edmonton by automobile, arriving in Winnipeg on October 7. The trip is 1,304 kilometers. As her new residence is not yet available, she lives in a hotel in Winnipeg until October 28. Her expenses for the period October 3 through 28 are as follows: Gasoline during the travel to Winnipeg$ 297 Hotel (4 Nights en-route+21 nights in Winnipeg at $135) 3,375 Food (25 Days - Total)1,820 She received the following statements from her attorney: Real estate commission - Edmonton Home$ 16,800 Legal Fees - Edmonton Home1,800 Unpaid Property Taxes on Edmonton home to date of sale 1,350 Legal Fees - Winnipeg Home1,950 On moving into the new residence, Latricia is required to pay the moving company a total of $2,850. This fee includes $725 for the 23 days of storage required because the Winnipeg home was not available when the furnishings arrived. Latricia's only income for 2022 was employment income as follows: