Jack Brown has 2022 net income of $97,000, all of which is employment income. His employer has withheld and remitted the required EI and CPP amounts. He is married to Janice Brown whose 2022 net income is $7,250. They have three children aged 7, 9, and 11. All of the children are in good health. None of them have income of their own.

Determine the maximum amount of 2022 personal tax credits, including transfers from a spouse or dependant, that can be applied against federal income tax payable by the individual taxpayer. A calculation of income tax payable is NOT required, only the applicable credit amount that reduces federal income tax payable. Show your full work.

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Jack Brown has 2022 net income of $97,000, all of which is employment income. His employer has withheld and remitted the required EI and CPP amounts. He is married to Janice Brown whose 2022 net income is $7,250. They have three children aged 7, 9, and 11. All of the children are in good health. None of them have income of their own.

Determine the maximum amount of 2022 personal tax credits, including transfers from a spouse or dependant, that can be applied against federal income tax payable by the individual taxpayer. A calculation of income tax payable is NOT required, only the applicable credit amount that reduces federal income tax payable. Show your full work.

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Jack Brown has 2022 net income of $97,000, all of which is employment income. His employer has withheld and remitted the required EI and CPP

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