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Jim Simpson has gathered the following information for his 2020 federal tax return: Amount ($) Earnings from wages 51,000.00 Interest earned from GIC 225.00 Eligible
Jim Simpson has gathered the following information for his 2020 federal tax return: Amount ($) Earnings from wages 51,000.00 Interest earned from GIC 225.00 Eligible dividend income 300.00 RRSP deduction 2,500.00 Savings account interest 95.00 Child care deduction 6,400.00 Union Dues 660.00 Total non-refundable tax credit amounts 14,700.00 Federal income tax deducted at source 7,453.00 Filing status - head of household Calculate the following items from his annual return and match the correct values from the drop-down list on the right Calculate the following items from his annual return and match the correct values from the drop-down list on the right. Total Income Choose.. Total Deductions Choose... Taxable income Choose... Federal Tax Liability Choose.. . . Average Federal Tax Rate Choose... Refund Amount Choose
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