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(2) (3) (5) (6) He made the following selected payments in respect of 2016: RRSP contribution for 2016 (Assume earned income in 2015 was
(2) (3) (5) (6) He made the following selected payments in respect of 2016: RRSP contribution for 2016 (Assume earned income in 2015 was the same as for 2016 and his pension adjustment for 2015 was $5,000) Legal fees: - representation in family court - appealing a tax assessment, which he lost (3) Charitable donations (consistent with prior years) Maintenance payments for wife by virtue of agreement made pursuant to a court order. Total of monthly payments for her maintenance Total of monthly payments directly to owner of her apartment $ 4,500 1,250 $ 1,250 $ 8,000 5,000 $70,000 5,750 13,000 $90,000 Mr. Leaving had net capital losses of $11,466 in 1999, which he has not used. Mr. Leaving has never had a capital gain or loss before, nor has he ever claimed any of his capital gains exemption. Mr. Leaving had the following amounts withheld from his employment wages: Canada pension plan premiums Employment insurance premiums Mr. Leaving's oldest child, Scott, attends Queen's University and paid $4,000 in tuition fees for eight months of full-time attendance during 2016. Scott earned gross employment income of $2,500 during the summer. No deductions were taken from his pay. Mr. Leaving's other children do not have any income. Required: Complete the following calculations. Show all calculations whether or not they are necessary to the final answer. Calculate the Subdivisione deductions for Mr. Leaving. Calculate his taxable income and show all deductions to arrive at his taxable income. Calculate his federal taxes payable.
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