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Prepare a 2017 T1 Return given the following information: Complete the T1 Income Tax Return and any relevant Schedules. Name: Mr. Henry Connor Age: 58

Prepare a 2017 T1 Return given the following information: Complete the T1 Income Tax Return and any relevant Schedules.

Name: Mr. Henry Connor Age: 58 Years Old Province: Saskatchewan

Gross Salary from Employment

$78,990

+ Cash Bonus Received in 2017

$19,748

Total

$98,738

Union Dues Paid by Taxpayer

$693

RPP Contributions by Taxpayer

$562

RPP Contributions by Employer

$533

EI Withheld from Employment Cheque

$836

CPP Withheld from Employment Cheque

$2,564

Income Tax Withheld from Employment Cheque

$24,685

T5 - Bank Interest Income Received

$1,282

Withdraws from RRSP Account (T4RSP Slip)*

$7,200

* During the year, the taxpayer had cash flow issues and decided to cash in a portion of their RRSP in a lump sum

Additional Information:

Spouse: Name: Maggie Connor

Age of Spouse: 60 Years Old Mentally or Physically Infirm? No

(Note: If infirm, not severe enough to qualify for disability tax credit)

Sources of Income: $10,484 Interest Income Attended Post Secondary Institution.

4 Full Time Months 4 Part Time Months

$9,145 Tuition Paid in Year

Additional Information (continued):

Son: George Connor

Age of Son:

10

Enrolled in Sports?

Yes

$276 Paid for Fees

Sources of Income:

$0 None

Monthly Cost of Bus Passes: $34 Monthly Paid Passes were purchased each month January to December.

Mother-in Law: Name: Margaret Carter Lives_in_a_Nursing_Home

(Note: Mother-in-Law relies on you for support)

Age of Mother-in-Law 88

Mentally or Physically Infirm? Yes

(Note: If infirm, not severe enough to qualify for disability tax credit)

Sources of Income:

$7,040

Old Age Security

$2,193

CPP Payments Received

$2,238

RPP Received

Medical Expenses: The following expenses were incurred for the 2017 tax year:

Mr. Connor

$1,243

Dental Visit

Spouse

$640

Prescription Drugs

Spouse

$449

Botox Injections

Son

$645

Doctor Visit

Donations: Registered_Charity $824 $ Donated**

** Assume taxpayer has donated in prior years

REQUIRED: Prepare a 2017 T1 Return given the above information.

Complete the T1 Income Tax Return and any relevant Schedules.

When preparing the return, assume that any tax credits that may be transferred to Mr. Connor are.

For simplicity, ignore provincial taxes.

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