Employment Income is reported at income tax and benefit return in:

a$)$ Line $115000$

b$)$ Line $101000$

c$)$ Line $20100$

d$)$ Line $214000$

What is the taxation year of an individual?

a$)$ April $30$ up to June $15$

b$)$ January $1$ up to April $30$

c$)$ January $1$ up to December $31$

d$)$ None of the above

One of the following is not included in considering the five$-$step analysis for determining the employee benefits by CRA:

a$)$ Is there an economic advantage?

b$)$ Has the benefit been received because of employment

c$)$ Should the benefit be for one period only?

d$)$ What is the value of the benefit?

Which of the following are deductions or allowable expenses to compute net income when filing a tax return?

a$)$ Union dues & professional dues

b$)$ Child care expenses

c$)$ Medical Expenses

d$)"$a$"$ & $"$b$"$

What information slip must an employer provide to an employee?

a$)T4$

b$)T3$

c$)T5$

d$)$ T $5007$

One of the following is not part of the categories of income earned by Canadian residents:

a$)$ Lottery Income

b$)$ Capital Gains

c$)$ Dividends

d$)$ Ordinary Income