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Case: Taxpayer Information You are 45 years-old and have a common-law spouse (Nat). Nat is 47 years old and is a school teacher employed by

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Case: Taxpayer Information You are 45 years-old and have a common-law spouse (Nat). Nat is 47 years old and is a school teacher employed by the Calgary Public School Board. Her net income in 2019 was $85,000. You have three children: Jane is 3 years old and attends a daycare program while you are both at work. Joan is 17 years old and has mental health problems. John is 21 years old and attends university on a full time basis for 10 months of the year. His tuition fees are $18,000. In 2019, Mark received a scholarship for $6,000 from your employer. For the past twenty years, you have been employed as a geologist by a large Canadian oil and gas company in Calgary, Alberta. During 2019, your basic gross salary amounts to $143,000. During 2019, your employer withheld the following amounts from your gross wages: Federal income tax $32,000 Employment Insurance premiums Max Canada Pension Plan contributions Max Registered pension plan contributions 5,400 Disability insurance premiums 700 Private health care premiums 1,200 Other Information: 1. In 2019, you also had the following shares transactions involving shares held in public corporations: Proceeds of Cost base and Capital Gain or Disposition selling costs (loss) Shares of Saturday Ltd. $20,000 $15,000 $5,000 Shares of Monday Ltd. $10,000 $22,000 (12,000) 2. In 2019, you received $800 of eligible dividends from Saturday Ltd. 3. In October 2019, you withdrew $6,500 from your Registered Retirement Savings Plan (RRSP)

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