Question
Mustafa received the following in 2019: Gross salary $100,000 Capital gain upon the sale of stocks $5,500 Inheritance from his grandmother $10,000 Dividends received from
Mustafa received the following in 2019:
| Gross salary | $100,000 |
| Capital gain upon the sale of stocks | $5,500 |
| Inheritance from his grandmother | $10,000 |
| Dividends received from the Royal Bank of Canada | $2,000 |
| Foreign interest, after 30% US withholding tax | $350 |
| Withdrawal from his TFSA | $15,000 |
What was Mustafas total income in 2019 for tax purposes (Canadian)?
- $108,760
- $105,965
- $106,010
- $132,850
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Authors: Michael J. Harrison
1st Edition
B0B6XJBHR7, 979-8838447821
