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1 In the last 1 0 years, Victoria has worked for Alberta co . publicly traded corp. and her 2 0 X 8 Net Income
In the last years, Victoria has worked for Alberta co publicly traded corp. and her X Net Income for Tax Purposes amounts of
this include employment income after deduct RPP interest income noneligible dividends
Also, at the end of X her unused deduction room was and her Pension Adjustment for X was
In X she receives gross salary of that from reddeer branch and the remaining from Edmonton branch
Her employer deduct and withheld the following:
Federal Income Tax
Canada Pension Plan contributions
Employment Insurance Premiums
Registered Pension Plan Contributions
Donation to United Way charity
Professional Dues
Contribution to Disability Pension Plan
Use of business employer vehicle
Victoria employer match contribution of RPP and to her disability plan
The plan was started years ago, and the annual premiums never changed $ a yearat Dec X her accumulated premiums in the plan were
During X she receives from her disability plan, while she is in hospital
Her employer provides her with a car purchased last year for including taxes, the car was available to her for the entire year except for the month of march,
she was in hospital for days in Mar Xduring that time employer have the keys for the car
During X the car was driven total of of that km for employment
On April X Victoria receives options from her employer to buy Alberta co shares at on that date the company stock price was traded at
Victoria exercises her option on Sept X when the share price was On October X she sold those shares for each and she pays
commission for CIBC Investor Edge, to handle this transaction.
Years ago, Victoria plans to move to Edmonton to be close to schools for her children, in X she won from a lottery ticket
immediately in X she purchases two houses, first home for in downtown Edmonton; and the second one for in Reddeer
where she used to live. In X her daughter stayed in Edmonton house while she is attending University. In X her accountant advise her to designate the house in Edmonton as the principal residence,
as he believes the houses will appreciate in the coming years in Edmonton. In April X she sold the second house in Red deer for and she moves to Edmonton,
she fill out form T based on her accountant's advice and designated the Edmonton house as the principal residence from X and after.
In April X Victoria moves to Edmonton, here employer help her to be transferred to Edmonton branch, which located only km from here Edmonton home.
She drove km in here Van, with here children and husband, and she pays the moving company
to move here household to Edmonton. The moving company delays the delivery due to drivers strike, she and her family stayed in Holiday Inn hotel for nights days
and pays per night not including meals she provides you with the receipts Alberta co policy not to reimburse any moving expenses for any employee.
In Oct X she opens a term deposit account, and she deposited earning interest of and she will receive the interest at maturity on Sep X
In X she receives non eligible dividend from taxable Canadian corp.
She owns rental property, capital cost UCC on Jan X was she receives in rental revenues and incurred expenses other than CCA
the property in class CCA rate and she will claim the max CCA max CCA if possible
On June X she sold a vacant land for she received down payment and th
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