Question
Jesse James, age 66, receives $37,000 per annum from private pension income due to his past tenure with Brewers Limited and currently earns $30,790/year working
Jesse James, age 66, receives $37,000 per annum from private pension income due to his past tenure with Brewers Limited and currently earns $30,790/year working part-time for Home Depot.
Jesse has decided to defer his CPP income until he reaches the age of 70, so he is presently making CPP contributions through employment.
His wife Stacey, age 55 earned $7,200 this year walking dogs and takes care of their impaired child Melanie, age 27, whom they support in a local group home. (Note: Melanie qualifies for a T2201 Disability Certificate).
Melanie earned $19,400 this year, helping out at the corner bakery. She has also been taking part-time courses at a local college and paid $900 in tuition.
Required:
a)Using a 2019 TD1 & TD1-WS (forms attached), determine what Federal Claim Code Jesse James would fall under.
Claim Code # =
b)Calculate the statutory deductions that Home Depot would withhold from Jesse at source, based on a weekly pay cycle.
i)Federal Income Tax =
ii)CPP =
iii) EI =
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