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Mr. Johnson Ferrarmo is a supervisor at Retail Box Co. He received the following T4 slip: Employers name Retail Box Co. Social insurance number 527

Mr. Johnson Ferrarmo is a supervisor at Retail Box Co.

He received the following T4 slip:

Employers name

Retail Box Co.

Social insurance number

527 000 145

Year

2020

Employment income [14]

75,000.00

Income tax deducted [22]

12,800.00

Employees CPP contribution [16]

2,898.00

EI insurable earnings [24]

54,200.00

Employees EI premiums [18]

856.00

CPP pensionable earnings [26]

58,700.00

His personal information are as follows:

Marital Status: Single

Address: 941 Progress Avenue, Toronto, ON, M1G 3T8

Phone Number: 416-289-5000

Date of Birth: October 14, 1976

For the past 20 years, Johnson has been renting an apartment. He finally saved up enough money and purchased a condo at 941 Progress Avenue in April 2020. Johnson is very excited to have owned his first home.

Johnson made the following charitable donations:

Habitat for Humanity on April 17, 2020 $500

Red Cross on November 9, 2020 $750

In order to improve his career skills, Johnson took some leadership courses at Centennial College that he studied part-time. The tuition fees for 2020 totalled $1,020 and were for 4 months.

Johnson made a political contribution of $1,500 to a political party.

Johnson also has the following medical expenses:

Dentist visits (June 15, 2020) $ 725

Sauna sessions: Personal-use (May 8, 2020) $ 450

Prescribed antibiotics (January 19, 2020) $ 560

Eye examinations with optometrist (October 12, 2020) $ 220

Over-the-counter medication (August 1, 2020) $ 125

Doctor-prescribed sleep apnea machine (December 3, 2020)$2,000

Required: Prepare Mr. Johnson Ferrarmos T1 personal tax return for 2020 with minimum taxes payable.

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