Multiple Choice
Rohan is a student in Ontario and travelled to BC for his summer job. When in BC he worked in mining camps and his residence was over 40 kms from his actual place of employment. He spent $2,000 moving to BC and back 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 have tax credits for moving expenses,tuition, education, books and the personal amount.
B) He will be able to deduct $2000 moving expenses, as well as tuition, education, textbooks and the personal amount, reducing his taxable income to around $6000.
C) He will be able to deduct $2000 and claim tax credits for $3720 as well as tuition credits and the basic personal amount.
D) He will be able to claim all his education, textbook and tuition tax credits as well as his basic personal amount, but not his moving expenses.
Correct Answer:

Verified
Correct Answer:
Verified
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