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John Doe has already filed his 2021 return. He provided you with the following information to calculate his installment payments: Year Taxes Payable Amounts Withheld

John Doe has already filed his 2021 return. He provided you with the following information to calculate his installment payments: 


Year Taxes Payable Amounts Withheld 


2020 $56,000 $44,000 


2021 49,000 45,400 


2022 (Estimated) 65,000 47,000 


Requirement: 


1) calculate the amounts shown on the CRA's Instalment Reminder notices for 2022 and explain to John when the amounts are due; 


2) Advise John the best alternative for the instalment payment and when the amounts are due.

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