1. If an individual's taxable income is $50,000 and they live in Alberta, what would be their approximate provincial income tax for the 2023 tax year?

A. 20%

B. 10%

C. 15%

D. 25%

2. If an individual's taxable income is $50,000 and they live in Alberta, what would be their approximate provincial income tax for the 2023 tax year?

A. $2,800

B. $4,000

C. $2,200

D. $3,400

3. For the 2023 tax year, what is the maximum annual contribution limit for a Tax-Free Savings Account (TFSA) in Canada?

A. $6,500

B. $5,500

C. $6,000

D. $7,000

4. In Canada, what is the basic personal amount for the 2023 tax year?

A. $11,000

B. $15,000

C. $14,000

D. $12,500

5. Which of these incomes is taxed in Canada?

A. Capital gains

B. War disability pensions

C. Strike pay

D. Income of first nation; if situated a reserve

6. In Canada, which of the following is a refundable tax credit?

A. Pension income amount

B. Child disability benefit

C. Medical expense tax credit

D. Age amount