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
		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
		Hints: You may need to calculate
		1. Medical Expense tax credit
		2. Dividend tax credit (grossed up amount)
		3. Means tested NRTC such as age, transfers from spouse
		4. Federal Foreign Tax credit
		5. OAS clawback
		6. Charitable Donation
		Can you recommend any other tax planning or income splitting options? 1 mark