Kyle Gamble is a sales manager. Kyle is 48 years old and is married to Kara who is 45 years old and blind. She has 2021 net income of $9,000, all of which is interest on investments she inherited from her mother. Kyle and Kara have two children, a 15-year-old daughter, Abby, and a 19-year-old son, Bryson. Both Anny and Bryson live at home. Abby had 2021 net income of $800 from baby-sitting. Bryson has a physical infirmity that is not severe enough to qualify for the disability tax credit. Bryson has 2021 net income of $15,000 attributable to interest income on investments inherited from his grandmother. Kyle's brother, Clifford, who is in good health, lives in the basement of Kyle's Toronto home. Clifford is 50 years old and has net income of $3,000 all of which is from EI benefits. Kyle also supports his 85-year-old father, Douglas, who is physically infirm and lives in a retirement home. Douglas' 2021 net income is $9,000 which consists of OAS, investment income and payments from a RPP of $1,000. Kyle works for Sarix Company and was paid a salary of $70,000 in 2021. He also earned a bonus of $5,000 in 2021, with one-fifth of the bonus to be paid each year from 2021 to 2025. In 2021 he received a briefcase worth $800 as an award for being the "employee of the year" and a Christmas basket from the company worth $600. All of the Company's employees received a similar basket. Sarix transferred Kyle from their Toronto office to their Vancouver office in 2021. On April 1, 2021 Kyle moved his family out of the house they had rented in Toronto for the last 10 years and into a brand new house in Vancouver that cost $800,000. Although Douglas was to stay at the retirement home in Toronto, Clifford moved with the family to Vancouver. Kyle was reimbursed by his employer for all of his moving costs. As a consequence, he has no deductible moving expenses. To help finance the new house, Sarix Company lent Kyle $500,000 on April 1 at 1% interest. Kyle would have paid 5% interest on a similar loan from the bank. Sarix provides Kyle with a company car. While he was at the Toronto office, he had a Audi A3 that the company leased for $900 per month ($50 of which was for insurance). The company paid $1,600 for the A3's other operating costs from January 1, 2021 to March 31, 2021. During that period, Kyle drove the car 9,000 kilometers of which 6,000 kilometers were for employment purposes and 3,000 for personal use. On April 1, 2021, the Vancouver office gave Kyle the keys to a Hyundai Santa Fe that was purchased for $31,300. The company paid $4,500 for the Santa Fe operating costs from April 1, 2021 to December 31, 2021. During that period, Kyle drove the car 24,000 kilometers of which 10,000 kilometers were for employment purposes and 14,000 for personal use. In 2021, the following payroll amounts were withheld by the employer: Federal Income Tax $8,500 CPP 3,166 EI 890 Group Life Insurance Premiums 600 RPP contributions 1,200 Donations to a registered charity 1,500 The company matched the life insurance and RPP amounts. In 2021, Kyle paid the following eligible medical expenses: Himself $ 650 Kara 1,940 Abby 860 Bryson 1,250 Clifford 510 Douglas 990 Kyle also paid $900 for his 2021 professional association dues. Kara made a $500 donation to their church during 2021. Assume that the prescribed interest rates for 2021 on employee loans were 2% for the first and fourth quarter and 3% second and third quarter.

Required: 

For the 2021 taxation year, calculate Mr. Gamble's: 1. Employment income and Net Income,

 

2. Taxable Income,

3. Federal Income Tax Payable or Refund.

In determining these amounts, ignore GST/HST & PST considerations.