Gerald retired and then moved 550 km to be closer to his extended family. Should he be

completing Form T1-M?

Question 2 options:

TrueFalse

Question 3(1 point)

Edward received $7,121.31 of OAS benefits in 2018. His net income before

adjustments (i.e., Line 234) is $80,000. Edward did not receive or repay any EI in

the year. How much of his OAS benefits does Edward have to repay?

Question 3 options:

1577.34

7121.31

613.50

918.71

Question 4(1 point)

Cody is 31 years old. His only income is from employment and his CPP pensionable

earnings are $33,500. His employer deducted CPP contributions of $1,500. What is

the amount of Cody's CPP overpayment, if any?

Question 4 options:

0

15

158.25

1485

Question 5(1 point)

Edgar and Samantha have been married and living in a rented apartment for five

years. Last year, they purchased their first home. Edgar earned $25,000 and

Samantha earned $42,000. Edgar withdrew $8,000 from his RRSPs under the Home

Buyers' Plan to help pay the down payment. They want to claim the Home Buyers'

Amount. Which of the following statements is true?

Question 5 options:

Samantha must claim the $5,000 Home Buyers' Amount because she has thehigher net income.

Edgar must claim the $5,000 Home Buyers' Amount because he withdrew

from his RRSP under the Home Buyer's Plan.

Either Edgar or Samantha may claim the Home Buyers' Amount or they may

split it as long as the total does not exceed $5,000.

Both Edgar and Samantha can claim a Home Buyer's Amount of $5,000

individually on their returns.

Question 6(1 point)

Rosemarie works as a waitress at the Waterfront Restaurant. She has an agreement

with her employer that all her tips that were paid by credit or debit card are to be

included in her T4 slip. However, some of her patrons gave her cash. Does

Rosemarie have to include the tips she received in cash on her tax return?

Question 6 options:

TrueFalse

Question 7(1 point)

In November 2018, Jimmy sold his home and moved to a new city 85 km away to

look for work. He did not find a new job until January of 2019. The total of all his

moving expenses is $15,000. Jimmy should not file Form T1-M for 2018 since he did

not have any income in the new city in 2018.

True or False?

Question 7 options:

TrueFalse

Question 8(1 point)

Saved

Gordon is 66 years old. He is a recipient of CPP retirement benefits. However, he

still works a few hours every day. He does not want to make any more contributions

to the Canada Pension Plan. What form does Gordon have to file with the CRA to

stop his CPP contributions?

Question 8 options:

CPT20

CPT30

Schedule 8

No form is required

Question 9(1 point)

Monica made a political contribution of $350 to the Liberal Party in 2018. How much

can she claim on Line 410 of her Schedule 1?

Question 9 options:

350

262.5

175

116

Question 10(1 point)

What is the normal due date for the return of a single taxpayer who is not selfemployed?

Question 10 options:

April 15

April 30

Jun 15

Dec 31

Question 11(1 point)

Corey is single and has a net and taxable income of $60,000. How much basic federal

tax will he save if he claims his medical expenses of $3,000?

Question 11 options:

450

270

180

104

Question 12(1 point)

Rebecca has been divorced since 2016. She purchased a condominium in 2018. Before

the divorce, she owned a home together with her husband. Is she eligible to claim the

home buyers' amount?

Question 12 options:

TrueFalse

Question 13(1 point)

Which of the following is included in net income but not in taxable income?

Question 13 options:

Social assistance

Pension income

Inheritance

Employment income

Question 14(1 point)

Roger sold his home in 2018. He had heard that he must report the sale of his

principal residence on his tax return. Which forms or schedules does he need to

complete?

Question 14 options:

Sch 3

Form T2091

Both S3 and T2091

Worksheet for the return

Question 15(1 point)

George is 29 years old and paid $13,000 for an attendant while at work, which he

decided to claim as disability supports deduction on Line 215. Form T2201 is on file

with the CRA. How much can George claim on Line 316?

a. Nil

Question 15 options:

0

8235

10000

13000

Question 16(1 point)

Claire has shares in a US company that cost CAN$90,000 and were worth

CAN$110,000 last year. Should she file Form T1135?

Question 16 options:

TrueFalse

Question 17(1 point)

Andy's employer transferred him to a different city 450 km away. The employer

completely reimbursed all expenses related to the move. Should Andy be completing

Form T1-M?

Question 17 options:

TrueFalse

Question 18(1 point)

Raymond, who is single, is enrolled in part-time studies. His net and taxable income

is $49,500. How much basic federal tax will he save if he claims tuition fees of

$2,000?

Question 18 options:

300

580

660

520

Question 19(1 point)

Last year, Archie spent $350 for transportation by an ambulance and $725 in

premiums for a private health plan. What amount can Archie include on his tax

return for medical expenses?

Question 19 options:

0

350

725

1075

Question 20(1 point)

Which of the following assets must be reported on Form T1135?

Question 20 options:

Swiss bank account containing CAN $110,000

Rental property in Florida that cost CAN $200,000

British mutual fund that cost CAN $150,000

All of the above

Question 21(1 point)

Cynthia's employer transferred her to a different city 400 km away. The employer gave

Cynthia a fixed moving allowance but she had moving expenses that exceeded this

allowance. Should she be completing Form T1-M?

Question 21 options:

TrueFalse

Question 22(1 point)

Carole has a net and taxable income of $55,000. How much basic federal tax will she

save if she claims $4,000 in charitable donations?

Question 22 options:

600

920

1132

1284

Question 23(1 point)

Edward is a qualifying student enrolled full-time in a qualifying educational

program. He received a scholarship of $5,000, which is fully exempt from tax.

True or False?

Question 23 options:

TrueFalse

Question 24(1 point)

Kelly worked for three employers during the year. As a consequence, she overpaid her

CPP contributions. Can she claim the overpayment on her tax return?

Question 24 options:

TrueFalse

Question 25(1 point)

How many years can a taxpayer go back to request a change of their tax return by

filing a T1 Adjustment Request?

Question 25 options:

3 years

5 years

10 years

15 years

Question 26(1 point)

Last winter, Casey shoveled snow from sidewalks to earn extra money. He was paid

$250 in cash, and no deductions were made from his pay. Casey did not receive a T4

slip. When Casey files his tax return, he is required to report this income.

True or False?

Question 26 options:

TrueFalse

Question 27(1 point)

Bobby purchased a townhouse in 2018. He never owned a home before. Is he eligible to

claim the home buyers' amount?

Question 27 options:

TrueFalse

Question 28(1 point)

Calvin's net and taxable income is $140,000. Which of the following claims would

save him the most basic federal tax?

Question 28 options:

A medical expense of $1,000

A claim of $1,000 in tuition fees

A deductible RRSP contribution of $1,000

A charitable donation of $1,000

Question 29(1 point)

Which of the following factors may affect the claim for child care expenses?

Question 29 options:

The age of the child

The taxpayer's earned income

The taxpayer's net income

All of the above

Question 30(1 point)

Which of the following factors are used to determine whether an individual is subject to

taxation in Canada?

Question 30 options:

Citizenship

Residency

Age

Gross income