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Barry Levenor's combined federal and provincial Tax Payable is as follows: 2018: $ 14,256, 2019: $15,776 2020: (estimated): $16,483 The amount Barry's employer withholds the
Barry Levenor's combined federal and provincial Tax Payable is as follows:
2018: $ 14,256, 2019: $15,776 2020: (estimated): $16,483
The amount Barry's employer withholds the following:
$14,920 in 2018, $11,400 in 2019, and $13,226 (estimated) in 2020
Required:
indicate whether instalments are required for the 2020 taxation year.
where instalments are required, calculate the amount of the instalments that would be required
where instalments are required, indicate which of the three acceptable methods would be the best alternative.
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