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Complete the following personal tax case using TaxFreeWay 2 0 2 3 T 1 software: Jessie Pinkman is 5 7 years old. She was born
Complete the following personal tax case using TaxFreeWay T software:
Jessie Pinkman is years old. She was born on March She is married and has children
aged and years old. She is employed as a security consultant at Los Pollos Hermanos
Distribution Ltd and has an annual salary of $ Her T is provided below.
She has asked you whether she will have a federal income tax payable or refund for let the
software calculate the provincial taxes
Other information she shared with you is as follows:
Her spouse's name is Walter Pinkman and he was born on May
Her children's names and birthdates are:
o Prethi Pinkman, daughter, January
o Paula Pinkman, daughter, June and
o Parminder Pinkman, son, February
Prethi and Parminder each have a physical infirmity visual impairment
Her employer paid for the $month underground parking spot at the companys head
office for the entire year. The employment income reported on her T does not
include this amount.
Her employer gave her a $ Vespa scooter as an award for her year work
anniversary on October The employment income reported on her T does
not include this amount.
Her employer gave her a $ company shacket for her to wear while working from
home. The employment income reported on her T does not include this amount.
For winning a security hackathon challenge to help identify network weaknesses her
employer gave her a Cadillac Fairview gift card worth $ which she could use to buy
merchandise at any retailer in its shopping malls. The employment income reported on
her T does not include this amount.
Her employer allowed her to work from home throughout She incurred the
following expenses while working from home:
o Utilities $
o Repairs and maintenance roof repair $
o Property taxes $
o House insurance $
ACCT W Tax Case
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o Interest on mortgage $
o Repainting of the spare bedroom she uses as her dedicated workspace in
the home $
o Home internet service fees $
o Long distance telephone charges work related $
Jessies home has square feet of living space. She uses square feet for her
dedicated workspace in the home.
Jessies workspace at home is used exclusively for the purpose of carrying out her
employment duties and is used on a regular and continuous basis for meeting clients of
Los Pollos through MS Teams
Jessie purchased a new desk and chair for her home office for a combined cost of $
before HST
Jessie also purchased a new Surface Book laptop to use for employment purposes from
home at a cost of $inclusive of HST
She earned $ in interest on her investments. She received a T tax slip for this
interest amount from her broker WealthComplex.
She received a $ cash dividend from her shares in Royal Bank of Canada, an eligible
Canadian corporation. This amount was also on her T slip from WealthComplex.
Jessie made an RRSP contribution of $ with InvestSimple on February She
received an RRSP Contribution tax receipt from InvestSimple in early March for this
contribution.
Jessie's Earned Income was $
Jessie paid DayCaresRus $ for childcare expenses during the year $ for
Prethi and $ for Paula
She is required by her employer to use her own automobile, a Jeep Cherokee, in the
course of her employment. Her total automobile costs for the year, including monthly
lease costs, gas, repairs and maintenance, are $ She drove her car
kilometres during the year; kilometres of this amount was for employment
purposes.
Her infirm spouse had no employment income in because he was in jail the entire
year, having been convicted the prior year for dealing Crystal Meth.
Jessie was enrolled as a parttime student for months in at the GTAs preeminent
postsecondary institution, Seneca College, and took three courses during the year at a
cost of $
In addition to the donations reported on her T Jessie made charitable donations of
$ to World Central Kitchen in
Jessie incurred medical expenses of $ for her family for the month period ending
on October This was the month period ending in for which she incurred
ACCT W Tax Case
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the highest amount of medical expenses. For the calendar year, her medical
expenses for her family totaled $
Regarding medical expenses in the TaxFreeWay Assignment, you must complete the T
MED form.
o Date of Payment: any date in
o Name of Patient: Jessie Pinkman
o Description of Medical Expenses: Prescription drugs
o Amount Paid:
REQUIRED: Use TaxFreeWay T
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