Question
Jennifer is a single woman, aged 32.She works for Spotify as a human resources manager for the Quebec region, earning $102,000 a year.Her company offers
Jennifer is a single woman, aged 32.She works for Spotify as a human resources manager for the Quebec region, earning $102,000 a year.Her company offers its employees a Group RRSP and matches her personal contributions to the plan of $5,000 a year.Jennifer also pays $500 in professional dues to the Human Resources Professional Association.
In 2019, Jennifer contributed the maximum to Employment Insurance (EI), the Quebec Pension Plan (QPP) and the Quebec Provincial Parental Insurance Program (PPIP).Spotify also offers a medical plan, the premium of which is $980 for a single individual.Jennifer incurred $3,000 of unreimbursed medical expenses in 2019.
Refer to the 2019 Federal Income Tax and Benefit Guide and Income Taxand Benefit Return for residents of Quebec at:
https://www.canada.ca/content/dam/cra-arc/formspubs/pub/5000-g/5000-g-c-19e.pdfhttps://www.canada.ca/content/dam/cra-arc/formspubs/pbg/5005-r/5005-r-19e.pdf
What was Jennifer's taxable income for 2019?
Calculate each of Jennifer's Federal non-refundable tax credit amounts.Then, calculate her total non-refundable tax credits.
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