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Canadian Tax Jack and Jill were married on December 1, 2018. Jill and her two children of a previous marriage moved into Jacks home. Jills

Canadian Tax

Jack and Jill were married on December 1, 2018. Jill and her two children of a previous marriage moved into Jacks home. Jills children are 14 and 16 and have no income.

Jack and Jill have the following income for tax purposes for 2018:

Prior to the Marriage Subsequent to the Marriage

Jack $33,000 $3,000

Jill 9,800 800

You have been asked to:

Determine the optimum personal tax credits under section 118 for both Jack and Jill for 2018.

How would your answer change in 2019 if the income levels remain the same

Do not copy from Chegg otherwise I have to report

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