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During 2022 , John Martin is a resident of Ontario and has calculated his taxable income to be $70400. Assume that Ontario's rates are 5.05%
During 2022 , John Martin is a resident of Ontario and has calculated his taxable income to be $70400. Assume that Ontario's rates are 5.05% on Taxable income up to $50,197 and 9.15% on the next $50,195. Calculate his 2022 federal and provincial tax payable without consideration of any tax credits. Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your Your
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