Harry Daffodil is a 3rd year accounting student at Kwantlen and also works part-time as a bookkeeper for a plant store in Surrey. He would like you to prepare his 2019 tax return and has provided you with the following information:

(a) The following amounts relate to Harry's employment in the year: a. $25,000 gross salary

b. $600 employer contribution to RPP

c. Harry used his 30% staff discount to purchase plants and horticultural equipment

during the year. The retail price was $1,000 but, with his 30% staff discount,

Harry only had to pay $700. The original cost to the company was $550.

d. $350 employer contribution to employee private medical plan

e. In Dec 2019, the Company declared a $1,000 Christmas bonus to all employess

which it paid in January 2020. The previous year's bonus (for 2018) of $600 was

paid in January 2019.

f. $50 Cinemax Odeon gift card for meeting the Fall season sales targets.

g. $450 automobile allowance for delivering plants at work. The allowance was

based on the 1,000 kilometres driven for work multiplied by the Company's

$0.45/km rate.

h. The company withheld (and submitted to the government) $2,500 in federal

taxes.

(b) Harry is a full-time student. During 2019 he paid $4,400 for tuition to KPU, purchased $700 in textbooks and paid $500 for the KPU transit pass.

(c) He also had the following tax credits: Personal ($1,810); Canada Employment ($183), CPP ($164), EI ($61).

(d) Harry travelled to Puerto Vallarta, Mexico in August 2019 and earned $800 in cash working at a bar for a few weeks.

(e) In May 2019 He received a cheque for $5,000 from his RESP of which $3,500 represented RESP plan growth and grants and $1,500 represented a portion of the original contribution. He still has $20,000 remaining in the RESP of which $12,000 represents growth/grants and $8,000 represents the original contribution.

(f) For his outstanding academic performance his old high school provides him with a $1,000 scholarship each year. The $1,000 for this year was paid in September 2019.

(g) Harry purchased $500 worth of shares (listed on the TSE) in a marijuana company on Feb 8, 2019. He subsequently sold the shares on November 8th, 2019 for $900. He has a net capital loss of $1,200 available from a failed investment in a blockchain company in 2017.

(h) He contributed $1,000 to his RRSP in May 2019, all of this amount is deductible.

Please help Harry with the following (and ignore GST/HST, provincial taxes and provincial credits):

1. Calculate his net income for tax purposes using the S3 ordering rules

2. Calculate his taxable income

3. Calculate his taxes payable before credits

4. Calculate his taxes payable after credits

5. Provide his filing and payment dates

6. Harry is wondering if he should claim the tuition credit or pass it along to his mother

for her to use. Please provide him with tax advise on his RESP as well as any other relevant tax advise you can think of.

Cite your sources and support your conclusions where appropriate (i.e. grey areas, arguable points etc.)