Jennifer who is a single 24 years old enrolled in part-time studies. Her net and taxable income is $60,500, all from employment. her only non refundable tax credit are Basic Personal Amount and the amounts related to her employment (CPP, EI, and Canada Employment Amount) 

How much net federal tax (Line 42000) will she save if she claims tuition fee of $2000?

Answer rating: 100% (QA)

Okay here are the steps to calculate Jennifers net federal tax savings from claiming 2000 in tuition ... View the full answer