Please help me solve this

Immy Peterson, a single taxpayer, was able to complete her own taxes prior to 2021. In 2020 she earned employment ncome, had a business loss from a partnership and contributed to her RRSP. This year, however, she requires assistance due o the following lffe changes and transactions. Income sources and amounts for 2021 are shown below. he is unable to find her 2020 notice of assessment with her 2021 RRSP deduction limit, however, she has provided what nformation she can in note 1. he adopted an 8 year-old child from the Ukiaine and obtained custody on February 2, 2021. She hired a nanny for two nonths to help the child, Andi, get settled before she began school. The neighbour babysits when Emmy has to work a few ours on the weekend. Andi took hip hop dance lessons at J'dore Dance for eight weeks and attended overnight summer amp for two weeks. Costs paid in the year are outlined in note 2 . She sold two parcels of land she had inherited from her grandmother in 2020 . The fair market value at the time of inheritance and the proceeds are outlined below. She entered into a financing arrangement with the buyer of parcel B to receive a 30% down payment in the year of sale, 30% in the year following the sale and the remaining 40% the year thereafter. Templates to calculate gains and losses are provided in note 3 . She was requested to relocate by her employer and agreed, thinking moving to a smaller center may be better to raise a child. For this reason she agreed to relocate from Toronto to Sarnia. She owned the home she sold in Toronto for nine years. She would like to utilize the principal residence exemption for this transaction. During the 9 years she also owned a condo for four years and used the principal residence to fully exempt the gain. Costs associated with the move, and sale of her residence are contained in note 4. Emmy will use the simplified method of determining vehicle and food costs in calculating her moving expenses. Assume that the relevant flat rate for vehicle expenses is $0.53 for Ontario, and the flat rate for meals is $51 per person per day. Required: Complete Emmy's net income for tax calculation, showing all of your work in the templates provided. Required: Complete all of the templates, inputting your figures into the bluc boxes. Where there is an impact to Emm's net income, include/deduct this amount above. Note 1: RRSP Deduction 63 Note 2: Child Care Expenses 64 Lesser of the following: 1. Actual amounts - Enter amount allowed in column C (enter zero if not allowed, or amount allowed if 65 not fully allowed in column C) 66 Nanny (February and March 2021) 67 Before and after school care 68 Baby-sitter (16 year old neighbour) 69 Hip Hop dance lessons 70 Overnight summer camp 71 Total Actual Amount 72 2. 2/3 x earned income 3. Annual limits Child Care Expense Deduction 86 Note 3: Capital Gains (Losses) Parcel A \& B Capital gains reserves formula for parcel B: Capital gains reserves formula for parcel B: Formula 1: Formula 2: Capital Gain 20% (4 - H of preceding taxation years ending = Capital gains reserve after the disposition) Principal Residence Note 4: Moving Expenses Deduction and sale of residence Note 5: Enter amount of moving expense allowed in column C. If zero, leave blank, if full amount not allowed enter amount allowed, showing your work in column D. Emmy has reviewed your calculation of net income for tax purposes and has the following questions. 1. Since this is Emmy's first year claiming the childcare expense deduction is wondering if you can explain the amount of deducted. (3 marks) 2. Emmy thought the capital gain on the sale of the parcel B land was a lot larger then what was included in income. She is wondering if you can explain why the entire capital gain was not included in income? ( 3 marks) 3. Emmy is curious as to how you determined the number of years she designated her Toronto home, and why the capital gain isn't fully exempt like her condo was. ( 3 marks) 4. Emmy is wondering if you made changes to the list of moving expenses she provided? She is wondering if you can explain these to her. (3 marks) Immy Peterson, a single taxpayer, was able to complete her own taxes prior to 2021. In 2020 she earned employment ncome, had a business loss from a partnership and contributed to her RRSP. This year, however, she requires assistance due o the following lffe changes and transactions. Income sources and amounts for 2021 are shown below. he is unable to find her 2020 notice of assessment with her 2021 RRSP deduction limit, however, she has provided what nformation she can in note 1. he adopted an 8 year-old child from the Ukiaine and obtained custody on February 2, 2021. She hired a nanny for two nonths to help the child, Andi, get settled before she began school. The neighbour babysits when Emmy has to work a few ours on the weekend. Andi took hip hop dance lessons at J'dore Dance for eight weeks and attended overnight summer amp for two weeks. Costs paid in the year are outlined in note 2 . She sold two parcels of land she had inherited from her grandmother in 2020 . The fair market value at the time of inheritance and the proceeds are outlined below. She entered into a financing arrangement with the buyer of parcel B to receive a 30% down payment in the year of sale, 30% in the year following the sale and the remaining 40% the year thereafter. Templates to calculate gains and losses are provided in note 3 . She was requested to relocate by her employer and agreed, thinking moving to a smaller center may be better to raise a child. For this reason she agreed to relocate from Toronto to Sarnia. She owned the home she sold in Toronto for nine years. She would like to utilize the principal residence exemption for this transaction. During the 9 years she also owned a condo for four years and used the principal residence to fully exempt the gain. Costs associated with the move, and sale of her residence are contained in note 4. Emmy will use the simplified method of determining vehicle and food costs in calculating her moving expenses. Assume that the relevant flat rate for vehicle expenses is $0.53 for Ontario, and the flat rate for meals is $51 per person per day. Required: Complete Emmy's net income for tax calculation, showing all of your work in the templates provided. Required: Complete all of the templates, inputting your figures into the bluc boxes. Where there is an impact to Emm's net income, include/deduct this amount above. Note 1: RRSP Deduction 63 Note 2: Child Care Expenses 64 Lesser of the following: 1. Actual amounts - Enter amount allowed in column C (enter zero if not allowed, or amount allowed if 65 not fully allowed in column C) 66 Nanny (February and March 2021) 67 Before and after school care 68 Baby-sitter (16 year old neighbour) 69 Hip Hop dance lessons 70 Overnight summer camp 71 Total Actual Amount 72 2. 2/3 x earned income 3. Annual limits Child Care Expense Deduction 86 Note 3: Capital Gains (Losses) Parcel A \& B Capital gains reserves formula for parcel B: Capital gains reserves formula for parcel B: Formula 1: Formula 2: Capital Gain 20% (4 - H of preceding taxation years ending = Capital gains reserve after the disposition) Principal Residence Note 4: Moving Expenses Deduction and sale of residence Note 5: Enter amount of moving expense allowed in column C. If zero, leave blank, if full amount not allowed enter amount allowed, showing your work in column D. Emmy has reviewed your calculation of net income for tax purposes and has the following questions. 1. Since this is Emmy's first year claiming the childcare expense deduction is wondering if you can explain the amount of deducted. (3 marks) 2. Emmy thought the capital gain on the sale of the parcel B land was a lot larger then what was included in income. She is wondering if you can explain why the entire capital gain was not included in income? ( 3 marks) 3. Emmy is curious as to how you determined the number of years she designated her Toronto home, and why the capital gain isn't fully exempt like her condo was. ( 3 marks) 4. Emmy is wondering if you made changes to the list of moving expenses she provided? She is wondering if you can explain these to her