6) A taxpayer who is 67 years old and investment income during 2023: registered pension plan (RPP) income of $28,000; interest income of $10,000; and dividends from a CCPC of $3,000. What would be the federal tax payable in 2023? A 2,397 33,288 C 5,906 O 2,097

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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E None of these
6) A taxpayer who is 67 years old and widowed received the following pension and
investment income during 2023: registered pension plan (RPP) income of $28,000;
interest income of $10,000; and dividends from a CCPC of $3,000. What would be their
federal tax payable in 2023?
A 2,397
B 3,288
C 5,906
D 2,097
E None of these
Transcribed Image Text:E None of these 6) A taxpayer who is 67 years old and widowed received the following pension and investment income during 2023: registered pension plan (RPP) income of $28,000; interest income of $10,000; and dividends from a CCPC of $3,000. What would be their federal tax payable in 2023? A 2,397 B 3,288 C 5,906 D 2,097 E None of these
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