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Employee #1 Colin Forth, 40 years old Annual Salary $80,000 Married with a 10-year-old son Studied part-time at Humber College for 2 months, and paid

Employee #1 Colin Forth, 40 years old

Annual Salary $80,000

Married with a 10-year-old son

Studied part-time at Humber College for 2 months, and paid tuition fees of $1,500.

Spouse, Emma has $65,000 income

Employee #2 Renata Hoover, 45 years old

Annual Salary $70,000

Single

Studied full-time at University of Toronto for 4 months, paid tuition fees of $4,500

Renata’s 75-year-old father lives with her. Her father qualifies for disability tax credit and has no income.

Assume:

  1. Both employees have been employed since January 1, 2019.
  2. Pay period—Semi-monthly (for example Jan. 2019 is paid on Jan.15, 2019 & Jan.31 2019).

Complete the Chart below

FEDERAL PROVINCIAL
Colin Forth
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Renata Hoover
Basic
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