Case for RFC 122 Fall 2021
	Personal Information:
	Susan is age 69 (retired)
	Robert is age 63 (disabled)/No Income
	Data -use 2019 tax rates, tax credit numbers:
	Employment Income	52000
	Eligible Cdn Cash Dividends	3000
	Foreign Dividends	1000
	Pension Income	9002
	Old Age Security	7217
	Taxable Capital Gain	2500
	Deductions or tax credits:
	RRSP Contributions	1000
	Moving Expenses	1050
	Net Capital Losses	1000
	Federal political Donations	500
	Provincial Political Donations	400
	Charitable Donations	500
	Employment Insurance	860	withheld from salary
	Canada Pension Plan	2749	withheld from salary
	9 marks for the following calculations:
	Calculate Federal taxes payable and show all schedule or subsidiary calculations
	Show Total Income, Deductions, Net Income, deductions from Net Income, Basic Tax calculation (incl tax credits)
	Some research will be required
	Can you recommend any other tax planning or income splitting options? 1 mark