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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:
- Both employees have been employed since January 1, 2019.
- 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 | |||||
Basic | |||||
Claim codes | |||||
Renata Hoover | |||||
Basic | |||||
Claim codes |
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