Four-3

In each case, calculate Roger Blaine's minimum federal Tax Payable for 2020. Indicate any carry forwards available to him and his dependants and the carry forward provisions. Ignore any amounts Roger might have had withheld or paid in instalments ans the possibility of pension income splitting.

See attachment for cases.

Assignment Problem Four - 3 (Individual Tax Payable - 7 Cases) withheld the maximum El premium and CPP contribution, The following seven independent Cases make varying assumptions with respect to Roger Blane and his 2020 tax status. In all Cases where Roger earned employment income, his employer Case A Roger Blaine is 48 years of age and has employment income of $65.000 During the year, Roger makes contributions to federal political parties in the amount of Case B Roger Blaine is 48 years of age and has employment income of $65,000. His Wife, Martha, is 43 years of age and has Net Income For Tax Purposes of $4,650. They have one child, Eileen, who is 11 years of age and has income of $3,000. During the year, the family had eligible medical expenses of $1,050 for Roger, $1,800 for Martha, $1,000. Roger is not married and has no dependants and $300 for Eileen Case C Roger Blaine is 48 years old and his wife, Martha, is 43. Roger has rental income of $65.000 and Martha has investment income of $9,400. They have a 19 year old disabled son, Albert, who lives with them. His disability qualifies him for the disabil tax credit and has no income of his own. During the year. Roger and Martha have medical expenses of $1,250. Medical expenses for Albert during the year total $8.350 Case D Roger Blaine is 48 years of age and his wife, Martha, is 43. They have no children. Roger has employment income of $65,000. Martha has employment income of $14,000. Martha's 68 year old father, Ahmed, and her 70 year old aunt, Jaleh, live with them. Both are in good health. Ahmed's Net Income For Tax Purposes is $9,200 and Jalen's Net Income For Tax Purposes is $11,000. Roger paid $375 in interest related to his student loan during the year. Case E Roger Blaine is 48 years of age and his common-law partner, Bob, is 43. Roger has employment income of $65,000. Bob has Net Income For Tax Purposes of $4,500 They have two adopted children, Barry aged 8 and Don aged 10. After living in rented premises for the last seven years, Roger and Bob decide to purchase a residence. They acquire a three-bedroom house in the suburbs at a cost of $245,000 and move into the house during the year Case F Roger Blaine is 48 years of age and his wife, Martha, is 43. Roger has employment income of $65,000. Martha has Net Income For Tax Purposes of $5,050 They have a son, Albert, who is 19 years old and lives at home. He attends university on a full time basis during eight months of the year. Roger pays $5,400 for Albert's tuition for two semesters during the 2020 calendar year and $525 for required textbooks Albert had employment income of $3,000 that he earned during the summer. He agrees to transfer the maximum of his tuition fee amount to his father. Case G Roger Blaine is 67 years of age and his wife, Martha, is 68. Martha has been completely disabled for a number of years and the extent of her disability qualifies her for the disability tax credit. Their son, Albert, is 38 years old, in good health, and lives with them to help care for Martha. Albert has $10,000 of income from spousal support The components of Roger and Martha's income are as follows: 200 Interest Canada Pension Plan Benefits Old Age Security Benefits Income From Registered Pension Plan Total Net Income Roger Martha $ 300 $ 50 4,400 7,400 7400 32,150 450 $44,250 $8,100