Question
Brandon Works is 42 years old. Brandon had Net Income For Tax Purposes of $78,000, entirely from employment. Assume his employer withheld the maximum
Brandon Works is 42 years old. Brandon had Net Income For Tax Purposes of $78,000, entirely from employment. Assume his employer withheld the maximum for CPP and El. Brandon Works is married, and his wife Betty has Net Income For Tax Purposes of $2,540. All of her income is employment income. Brandon and Betty have two children, Janice who is 10 years of age, and Mark who is 20 years of age. Both children are in good health. As Mark has been unable to find full-time employment, he still lives at home. Mark had Net Income For Tax Purposes of $2,460 from part-time employment. Janice had no income during the year. During 2020, Brandon Works paid for the following medical expense: Brandon $2,100 Betty 360 Janice 3,645 Mark 4.520 Total $10,625 Calculate the maximum credits available to Brandon Works for 2020
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