CASE E

Calculate Roger Blaine's minimum federal Tax Payable for 2020. Indicate any carry forwards available to him and his dependents and the carry forward provisions. Ignore any amounts Roger might have withheld or paid in instalments and the possibility of pension income splitting.

CASE E: Roger Blaine is 48 years of age and his common-law partner, Bob is 43. Roger has an employment income of $65,000. Bob has Net Income for Tax Purposes of $4,500. They have two adopted children, Barry age 8 and Don age 10. After living in rented premises for the last seven years, Roger and Bob decide to purchase a residence. They acquire a three-bedroom house in the suburbs at a cost of $245,000 and move into the house during that year