Information provided for Alexis• Alexis has been certified as impaired by a medical doctor and requires indefinite care from Johnny and MoiraShe received $5,000 from social assistance•She has a part time job and made $6,000. El of $95, CPP of $270, enhanced CPP of $30 and federal income taxesof $900 were deducted from her pay••She took a couple courses at Brock University on a part time basis and Moira and Johnny paid the tuition feeswhich totalled $2,000• She incurred $7,500 in medical expenses for physiotherapy and registered massage therapyREQUIRED: Calculate Alexis's federal and provincial income tax owing

Important points to be taken into consideration: 1. If income is less than $50,197, the income tax…

Answered: REQUIRED: Calculate Alexis's federal…

Business

Accounting

REQUIRED: Calculate Alexis's federal and provincial income tax owing

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Information provided for Alexis
• Alexis has been certified as impaired by a medical doctor and requires indefinite care from Johnny and Moira
She received $5,000 from social assistance
•
She has a part time job and made $6,000. El of $95, CPP of $270, enhanced CPP of $30 and federal income taxes
of $900 were deducted from her pay
•
•
She took a couple courses at Brock University on a part time basis and Moira and Johnny paid the tuition fees
which totalled $2,000
• She incurred $7,500 in medical expenses for physiotherapy and registered massage therapy
REQUIRED: Calculate Alexis's federal and provincial income tax owing

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