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question related to tax and using profile software

picture is not blur do better chegg instead of making excuses like 5 grader

Tax Software Assignment Mr. John Boxing (SIN 527-000-061) was born in Vancouver on August 28, 1952. He has spent most of his working life as a pianist and song writer. He and his family live at 111 WWW Street, Vancouver, B.C. V4H 3W4, phone (604) 111-1111. He is not registered for CRA online mail and does not wish to have an electronic notice of assessment. Mr. Boxing 's wife, Natasha (SIN 527-000-129), was born on June 6, 1974. She and Mr. Boxing have three children. Lisa was born on June 6, 2013 and Leon was born on July 7, 2017 Sarah was born on September 2,1999 and is in full time attendance at university for all of 2020 (including a four-month summer session). Her tuition is $9,600 and she requires textbooks which cost $750. These amounts are paid by Mr. Boxing. Sarah has no income during the year and has agreed that the maximum tuition amount should be transferred to John. Natasha's income during 2020 is $240,000 from singing engagements (business income). Other information concerning Mr. Boxing and his family for 2020 is as follows: 1. Mr. Boxing earned $16,500 for work as the house pianist at the Loose Moose Pub. His T4 showed that his employer withheld $500 for income taxes $663 for CPP and $267.30 for El 2. During the year, Mr. Boxing made his annual $3,000 donation to Planned Parenthood of Canada, a registered Canadian charity. 3. Mr. Boxing wishes to claim all his medical expenses on a calendar year basis. On December 2, 2020, Mr. Boxing paid dental expenses to Canada Wide Dental Clinics for the following individuals: Himself $1,200 Natasha (wife) 700 Sarah (daughter) 300 Lisa (daughter) 100 Leon (son) 1,050 Total $3,350 4. Mr. Boxing receives $7,217 40 in Old Age Security payments and $5,500 in Canada Pension Plan "retirement benefit" payments over 12 months. There was no tax shown as withheld on his T4A(OAS) or his T4A(P). 5. Mr. Boxing builds a state-of-the-art home theatre in a new extension of his home. In order to finance it, he sells stock in his RRSP and withdraws the funds from his RRSP. His T4RSP showed $52,000 in withdrawals from the House of Rock Bank (Box 22) and total tax of $15,600 deducted from these payments. 6. Several of Mr. Boxing 's songs, including his outstanding hit, "Drop Kick Me Jesus Through the Goal Posts of Life", have provided him with substantial royalty payments over the years. In 2020, his revenue was $78,000 in royalty payments from the Never Say Die Record Company as well as $26,000 from selling a song to a company representing a major Canadian pop singer. He does not collect GST on this professional income. re Tax Software Assignment Mr. John Boxing (SIN 527-000-061) was born in Vancouver on August 28, 1952. He has spent most of his working life as a pianist and song writer. He and his family live at 111 WWW Street, Vancouver, B.C. V4H 3W4, phone (604) 111-1111. He is not registered for CRA online mail and does not wish to have an electronic notice of assessment. Mr. Boxing 's wife, Natasha (SIN 527-000-129), was born on June 6, 1974. She and Mr. Boxing have three children. Lisa was born on June 6, 2013 and Leon was born on July 7, 2017 Sarah was born on September 2,1999 and is in full time attendance at university for all of 2020 (including a four-month summer session). Her tuition is $9,600 and she requires textbooks which cost $750. These amounts are paid by Mr. Boxing. Sarah has no income during the year and has agreed that the maximum tuition amount should be transferred to John. Natasha's income during 2020 is $240,000 from singing engagements (business income). Other information concerning Mr. Boxing and his family for 2020 is as follows: 1. Mr. Boxing earned $16,500 for work as the house pianist at the Loose Moose Pub. His T4 showed that his employer withheld $500 for income taxes $663 for CPP and $267.30 for El 2. During the year, Mr. Boxing made his annual $3,000 donation to Planned Parenthood of Canada, a registered Canadian charity. 3. Mr. Boxing wishes to claim all his medical expenses on a calendar year basis. On December 2, 2020, Mr. Boxing paid dental expenses to Canada Wide Dental Clinics for the following individuals: Himself $1,200 Natasha (wife) 700 Sarah (daughter) 300 Lisa (daughter) 100 Leon (son) 1,050 Total $3,350 4. Mr. Boxing receives $7,217 40 in Old Age Security payments and $5,500 in Canada Pension Plan "retirement benefit" payments over 12 months. There was no tax shown as withheld on his T4A(OAS) or his T4A(P). 5. Mr. Boxing builds a state-of-the-art home theatre in a new extension of his home. In order to finance it, he sells stock in his RRSP and withdraws the funds from his RRSP. His T4RSP showed $52,000 in withdrawals from the House of Rock Bank (Box 22) and total tax of $15,600 deducted from these payments. 6. Several of Mr. Boxing 's songs, including his outstanding hit, "Drop Kick Me Jesus Through the Goal Posts of Life", have provided him with substantial royalty payments over the years. In 2020, his revenue was $78,000 in royalty payments from the Never Say Die Record Company as well as $26,000 from selling a song to a company representing a major Canadian pop singer. He does not collect GST on this professional income. re