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1. 4. 6. 7. Craig earns business income and capital gains in 2019. What is the deadline to pay his taxes due to the CRA?

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Craig earns business income and capital gains in 2019. What is the deadline to pay his taxes due to the CRA? December 31, 2020 April 30, 2020 June 15, 2020 April 15, 2020 Morgan lives alone and needs to move to start a new job. She drives 400 kilometres closer to her new place of employment. The drive takes her 1 day. She pays for hotels for 10 days in her new city while waiting for her apartment to be available which costs $100 per day ($1,000 total). She pays a mover $1,200 to move her furniture. What is the maximum deduction Morgan can take for moving expenses, assuming she has sufficient income in the new location? Quynh's mother passed away during 2019. She received $200,000 in life insurance proceeds. Because she was in school, her only other income was scholarships of $2,500 during 2019. What is Quynh's taxable income? $200,000 $202,500 $2,500 $0 Sam receives 100 stock options in XYC Co, which is a public company. He was granted the stock options in 2016 when the fair market value of the shares was $5 per share and the exercise price was $6 per share. He exercised his stock options in 2018 when the fair market value was $18 per share. In 2020, Sam plans to sell his 100 shares for $22 per share. What is the tax impact on Sam's income from the stock options in 2016? $0 $100 income $600 income $100 deduction

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