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Income Tax Assignment | Homework For You

Mousiken during 2019. His Net Income for Tax Purposes is equal to his Taxable Income in all Scenarios.

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Instructions: In each separate scenario, calculate the minimum 2019 federal Tax Payable?Homework For You

Scenario (6) – Peter is 57 years old and has employment income of $86,200. His common-law partner is 48 years old and has income of $7,600. They have an adopted child who is 20 years old and lives at home. Peter and his partner have medical expenses of $4,400. Medical expenses for the son total $9,200. The son has Net Income For Tax Purposes of $3,900. The employer withheld the maximum El premium and CPP contribution totalled to $3,609.

2019-2020 Canadian Income Tax. Get Finance homework help today

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