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n) As Lina's father owes $10,000 to CRA, he has asked Lina to provide him with her T2202 tax form from Concordia. Based on Lina's

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n) As Lina's father owes $10,000 to CRA, he has asked Lina to provide him with her T2202 tax form from Concordia. Based on Lina's tuition tax slip below, how much of Lina's tuition can she transfer to her father for him to use on his 2019 Federal tax return? (.25 marks) $7200 Page 7 of 13 Whed Pro T2202 Tuition and Enrolment Certificate Certificat pour de scolare inscription Concordia University he RE F w M 1901 19 12 Lina Smith $7,200 1000 Guy Montreal, QC S LE Canada o) Calculate his Federal non-refundable tax credit if she transferred the above. Calculation: (-25 marks) 10 har p) As Lina pays for all of her schooling including tuition, books, and living expenses, she has decided to let her father know that she will not be transferring the tuition amount but claiming the tuition amount on her tax return which she is ready to file. Lina made $11,500 in her part-time job in 2019 and is making $12,000 in 2020. How much tuition should claim as a non-refundable tax credit in her 2019 personal income tax return (Federal Tax Return: Schedule 1, line 323)? What is your recommendation for Lina? (5 mark-.25 marks each) Note: Federal education and textbook tax credits were eliminated in 2017. 1) $. 2) Response: n) As Lina's father owes $10,000 to CRA, he has asked Lina to provide him with her T2202 tax form from Concordia. Based on Lina's tuition tax slip below, how much of Lina's tuition can she transfer to her father for him to use on his 2019 Federal tax return? (.25 marks) $7200 Page 7 of 13 Whed Pro T2202 Tuition and Enrolment Certificate Certificat pour de scolare inscription Concordia University he RE F w M 1901 19 12 Lina Smith $7,200 1000 Guy Montreal, QC S LE Canada o) Calculate his Federal non-refundable tax credit if she transferred the above. Calculation: (-25 marks) 10 har p) As Lina pays for all of her schooling including tuition, books, and living expenses, she has decided to let her father know that she will not be transferring the tuition amount but claiming the tuition amount on her tax return which she is ready to file. Lina made $11,500 in her part-time job in 2019 and is making $12,000 in 2020. How much tuition should claim as a non-refundable tax credit in her 2019 personal income tax return (Federal Tax Return: Schedule 1, line 323)? What is your recommendation for Lina? (5 mark-.25 marks each) Note: Federal education and textbook tax credits were eliminated in 2017. 1) $. 2) Response

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