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Explain in detail please 1. Ann received $8,400 of regular employment insurance benefits during 2019, and has a repayment rate of 30% in Box 7.

Explain in detail please

1. Ann received $8,400 of regular employment insurance benefits during 2019, and has a repayment rate of 30% in Box 7. At what net income level will she be subject to claw back on the benefits she received?

$50,800

$55,900

$64,500

$73,756

2. Veronica, a 20-year-old single parent with 2-year-old daughter, live in Manitoba. Her income last year was $14,000 from employment, $15,000 from scholarships, and $7,000 of CCB payment. She was a full-time student for 8 months. Is Veronica eligible to receive a Canada Workers Benefit? YES or NO?

3. Stanley received $400 in actual dividend from a taxable Canadian corporation that issues eligible dividends. He also received $150 interest from regular Canada Saving Bonds (CSB) and $100 interest from his savings account. He paid $70 interest on loan to purchase the CSBs, and $130 for a subscription to an investment newsletter. what is the dollar amount of interest income reported on Stanley's return?

$100

$150

$180

$250

$320

4. Albert purchased a spousal RSSP for his wife, Loretta. Who is the contributor and who is the annuitant?

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