Question
Mohammad is a single man, aged 27.He works for Spotify as a manager of human resources for the Quebec region, earning $76,000 a year.His company
Mohammad is a single man, aged 27.He works for Spotify as a manager of human resources for the Quebec region, earning $76,000 a year.His company offers a Defined Contribution Pension Plan (DCPP) to which he contributes 2% of his gross salary, and this contribution is matched by his employer.In 2018, he contributed the maximum to Employment Insurance (EI), the Quebec Pension Plan (QPP) and the Quebec Provincial Parental Insurance Program (PPIP).Other than a DCPP, the only benefit offered by Spotify is a medical plan to which he paid a premium of $850.He takes no medication, but did incur dental bills of $800 in 2018. Refer to the 2018 Federal Income Tax and Benefit Guide, Income Tax Return and Schedule 1 for residents of Quebec at:
What was Mohammad's taxable income for 2018 and calculate each of Mohammad's Federal non-refundable tax credits.
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