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John Wayne has approached you to prepare his 2021 personal tax return. His lives at 525 Gold Links Road, Kitchener, Ontario, N2N 1A1 for last

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John Wayne has approached you to prepare his 2021 personal tax return. His lives at 525 Gold Links Road, Kitchener, Ontario, N2N 1A1 for last five years. He is Canadian citizen. SIN 111- 111-126, DOB 12 June 1972, Single. No foreign Property. Willing to share information with CRA. Make sure put your Firstname and Lastname as middle name followed after clients first name. John Wayne has hired you to prepare the Tl retum Please check your Preparer information. Client Information: John Wayne has approached you to prepare his 2021 personal tax return. His lives at 525 Gold Links Road, Kitchener, Ontario, N2N 1A1 for last five years. He is Canadian citizen. SIN 111- 111-126, DOB 12 June 1972, Single. No foreign Property. Willing to share information with CRA. Make sure put your Firstname and Lastname as middle name followed after clients first name. Tax Slips Information. 1) He had T4 income from DAL Company as follows for 2021: Gross $160,000; CPP deducted $1583.23, EI deducted $889.54, union dues $420. RPP deductions $13,000; Taxes deducted $23,000; Charitable Donation $550. (Identify all the box numbers from T4 slip.) 2). He also received a T4A indicating other income of $7,000. 3). He has contributed 15,000 on Dec 21, 2021, receipt number RY001125 at Royal Bank towards His RRSP contribution room for 2021 is 54000 as per Notice of Assessment from last year. 4). Received aT5 for $3,300 for interest earned from RBC. 5). He also incurred interest expenses of $1,800 to earn the interest income. 6). John has lent money his brother Winston and received the interest of $1200.00 in 2021, the principal amount of $15,000 is still outstanding. 7). John sold shares of a CCPC for 20,000 which he purchased in 2005 for $8,000. Commissions is 2% of Proceeds 8). John sold shares of a Blueberry Inc. a publicly traded company for $10,000 which he purchased in 2005 for $12,000. Commissions is 2% of Proceeds 9). In addition, Land was sold for 210,000 which were purchased in 1980 for $150,000. Commissions paid - $10,000 10). He has a slip of $1000.00 from Charitable donation make to Sick Kids Hospital in Toronto dated April 30, 2021, and receipt number 12344321. Determine Tax Payable for 2021. Forms OR Schedules: Information, T4, T4A, RRSP, Carryforward, T5, T1-INV, S3, Don. John Wayne has approached you to prepare his 2021 personal tax return. His lives at 525 Gold Links Road, Kitchener, Ontario, N2N 1A1 for last five years. He is Canadian citizen. SIN 111- 111-126, DOB 12 June 1972, Single. No foreign Property. Willing to share information with CRA. Make sure put your Firstname and Lastname as middle name followed after clients first name. John Wayne has hired you to prepare the Tl retum Please check your Preparer information. Client Information: John Wayne has approached you to prepare his 2021 personal tax return. His lives at 525 Gold Links Road, Kitchener, Ontario, N2N 1A1 for last five years. He is Canadian citizen. SIN 111- 111-126, DOB 12 June 1972, Single. No foreign Property. Willing to share information with CRA. Make sure put your Firstname and Lastname as middle name followed after clients first name. Tax Slips Information. 1) He had T4 income from DAL Company as follows for 2021: Gross $160,000; CPP deducted $1583.23, EI deducted $889.54, union dues $420. RPP deductions $13,000; Taxes deducted $23,000; Charitable Donation $550. (Identify all the box numbers from T4 slip.) 2). He also received a T4A indicating other income of $7,000. 3). He has contributed 15,000 on Dec 21, 2021, receipt number RY001125 at Royal Bank towards His RRSP contribution room for 2021 is 54000 as per Notice of Assessment from last year. 4). Received aT5 for $3,300 for interest earned from RBC. 5). He also incurred interest expenses of $1,800 to earn the interest income. 6). John has lent money his brother Winston and received the interest of $1200.00 in 2021, the principal amount of $15,000 is still outstanding. 7). John sold shares of a CCPC for 20,000 which he purchased in 2005 for $8,000. Commissions is 2% of Proceeds 8). John sold shares of a Blueberry Inc. a publicly traded company for $10,000 which he purchased in 2005 for $12,000. Commissions is 2% of Proceeds 9). In addition, Land was sold for 210,000 which were purchased in 1980 for $150,000. Commissions paid - $10,000 10). He has a slip of $1000.00 from Charitable donation make to Sick Kids Hospital in Toronto dated April 30, 2021, and receipt number 12344321. Determine Tax Payable for 2021. Forms OR Schedules: Information, T4, T4A, RRSP, Carryforward, T5, T1-INV, S3, Don

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