George, age 50, has the following dependants, each of whom has Division B income as indicated for
Question:
George, age 50, has the following dependants, each of whom has Division B income as indicated for 2016:
REQUIRED
Determine the personal tax credits available under section 118 for each of George’s dependants for 2016. All of the dependants live with George.
Transcribed Image Text:
Spouse Son (residing with George and his spouse) Son (residing with George and his spouse) Daughter (physically infirm, but not living at home) Mother (residing with George and his spouse) 45 14 16 18 70 $3,500 2,725 2,800 5,000 10,000
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Related Book For
Introduction To Federal Income Taxation In Canada 2016-2017
ISBN: 9781554968725
37th Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
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