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Required: Determine the maximum amount of 2018 personal tax credits, including tranfers from a spouse or dependant, that can be applied againt Federal Tax payable by the taxpayer in each of the following independent Cases.

A calculation of Tax payable is NOT required.

1- Mr. Holm has Net Income for Tax Purposes of $55,000, all of which is investment income. He is single and provides support for his mother. His mother is a widow who resides in Latvia and has income of $1,100 per year.

Caluclate the case in the following format please:

1 Particulars (Mr. Holm) Amount

- Basic Personal Amount:

- Spoude Amount:

- Mother Amount:

- EI Amount:

- CPP Amount:

- Canada Employment:

- Eligible Dependent Amount:

- Age Amount:

- Pension Amount:

- Canada Caregiver Amount:

- Total Credit Base:

Note: If a credit is not relevant to the particular situation - leave it blank. Do not enter 0 if you are not claiming credit for a particualr item.