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fast please 11) Harvey Jones has Rental Income in the amount of $75,000 and is divorced with 3 chlldren, ages, 24,21. The eldest child has
fast please
11) Harvey Jones has Rental Income in the amount of $75,000 and is divorced with 3 chlldren, ages, 24,21. The eldest child has net income of $6,000 and has a physical infirmity that is NOT severe enough to qualify for the disability tax credit. What is his maximum tax credits that would be reported on line 35000 on his tax retum for 202?? A) $14,398 B) $21,923 C) $36,321 D) $33,593 E) some other number 12) Howie Jones has Rental Income of $80,000 and his spouse has net income of $20,000 They have 2 children, ages, 2 and 6 . Both children have no net income. The oldest child has a mental infirmity that is not severe enough to qualify for the disability tax credit. They purchased their first home in 2022 for $375,00. It qualifies for the first-time home buyers tax credit. What is the maximum tax credit base that would be reported on line 33500 on his tax retum for 2021 ? A) $31,923 B) $26,748 C) $24,398 D) $16,748 E) some other number 13) Hudson and Eva are parents of 2 healthy children. Hudson has employment income of 65,000 . Maximum CPP of $3,499.80 was withheld. Employer info reported the base contribution was $3,039.30 and the enhanced contribution was $460.50. EI of $952.74 was also withheld. Eva earns $5,000 working part-time. What is Hudson's maximum tax credit base that would be reported on line 33500 on his 2021 tax return? A) $27,788.04 B) $28,248,54 C) $29,075.04 D) $33,248.54 E) some other number 14) Jack and Jill are married. Jill has zero net income. Jack's dad and Jill's mom are currently living with ther dad is 62 and has a physical disability that is NOT severe enough to qualify him for the disability tax credit income is $20,000. The mom is 66 and is healthy and has net income in the amount of $12,000. What caregiver tax credit base that can be claimed on Jack's tax return for their parents? A) $5,195 B) $7,525 C) $15,050 D) $18,390 E) some other number Step by Step Solution
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