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Ms. A has 2021 Net Income for Tax Purposes and Taxable Income of $194,559. Required: Calculate the base amount of her Basic Personal Tax Credit

Ms. A has 2021 Net Income for Tax Purposes and Taxable Income of $194,559.

Required: Calculate the base amount of her Basic Personal Tax Credit (i.e. the amount before the 15% credit rate is applied).

Round your input to the nearest dollar amount.

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Introduction To Federal Income Taxation In Canada

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