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Hello, Could you please help me with this question if possible, as tax is my weakest subject. Thank you for taking the time trying /
Hello, Could you please help me with this question if possible, as tax is my weakest subject. Thank you for taking the time tryinganswering
Sadia is in an executive position working for Quality Furniture Inc. Furniture in Calgary, Alberta. Below is her information and she asked you to calculate how much tax will she owe in
Sadia T:
Salary
Income tax $
Group medical premiums
CPP contributions max
EI premiums max
RPP contributions
Sadia has made a charitable donation with tax receipt of
Quality has provided Sadia with a leased vehicle Lexus which the company pays plus tax a month along with insurance which is a month. The vehicle price originally plus tax. Sadia has drove KM for business and KM for personal use. Quality has provided Sadia with a Visa to coper yearly operating cost for the car, which totaled Sadia also receives a month for car allowance expense that she cannot purchase with her card.
Quality has paid of Sadia's premiums group disability insurance of as well as personal life insurance of
Quality has a company condo in Cancun that executives can take their family to for one week. It cost to rent the luxury condo for non employees.
Quality paid for a leadership course that Sadia took during
Sadia made an RRSP deduction of along with noticing that there is of RRSP that was uneducated from previous year.
Sadia got her investment information for the year, which included
Sadia has incurred loss from her investment this year, which is the first she ever had a lost since her investment portfolio started.
Sadia had coin collection which costed which she sold for
Sadia made a political contribution of
Sadia was nervous that she will be taxed a lot, so she made an installment of during in
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