Question
Last winter, Casey shoveled snow from sidewalks to earn extra money. He was paid $250 in cash, and no deductions were made from his pay.
Last winter, Casey shoveled snow from sidewalks to earn extra money. He was paid
$250 in cash, and no deductions were made from his pay. Casey did not receive a
T4 slip.
When Casey files his tax return, is he required to report this income?
Question 5 options:
No, there is not T4 slip
No, casual income is exempt from tax
Yes, if it increases her refund
Yes, because of self assessment tax system
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Cambridge IGCSE And O Level Accounting Coursebook
Authors: Catherine Coucom
2nd Edition
1316502775, 978-1316502778
