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Jala Anderson resides in Laval, QC, and has been employed by Fields Ltd. for a number of years as its accountant (Click on the
Jala Anderson resides in Laval, QC, and has been employed by Fields Ltd. for a number of years as its accountant (Click on the icon to view more information Part 1.) (Click on the icon to view more information Part 2 (Click on the icon to view more information Part 3. Required Requirement 1. For each amount paid by Fields Ltd. that was not reported on Jala's T4 slip, determine if the amoun Items paid by Fields and not on T4 slip Classification Private health insurance plan premiums Public health insurance plan premiums Group term life insurance policy premiums Allowance for incidental expenses ($400 per month) Requirement 2. Calculate the total amount of taxable benefits for Jala in the current year. Complete the table below. (Round your answers to the nearest cent, and provide appropriate references to the ITA.) Taxable Benefits Amount ITA Reference Life Insurance Public health care Auto - reduced standby charge Auto operating cost Reimbursement for Jala's mother's travel Allowance for incidental expenses Loan interest Stock options Total taxable benefits pursuant to ITA 6 and ITA 7 Requirement 3. Calculate Jala's net employment income for the current year in accordance with sections 5 to 8 of the Incor Complete the table below with the salary and deductions amounts and calculate the net employment income (Round your c and provide appropriate references to the ITA Use parentheses or a minus sign to enter a net loss Choose from any list or enter any number in the input fields and then continue to the next question 151
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