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Assumed that the income was from employment, the employer withheld the maximum El premium and CPP contribution. Case 6-John Moss is 58 years old
Assumed that the income was from employment, the employer withheld the maximum El premium and CPP contribution. Case 6-John Moss is 58 years old and has net rental income of $114,000. He is divorced and has been awarded custody of his 12 year old son. The son has Net Income For Tax Purposes of $8,430. Required: Calculate the 2020 Federal non-refundable tax credits for John Moss.
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
