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Question 1: Inderpreet Kaur is 43 years old and divorced from her husband. Her Net Income For Tax Purposes for 2020 is 54,578. She has

Question 1:

Inderpreet Kaur is 43 years old and divorced from her husband. Her Net Income For Tax Purposes for 2020 is 54,578. She has retained the family home and both of the children of the marriage live with her. Her son is 23 years old and suffers from mental impairment. He does not qualify for the disability tax credit. Her daughter is 14 years old and in good health. Her son has Net Income For Tax Purposes of 21,290 during the year, while her daughter has Net Income For Tax Purposes of 1,346. The only other credit Ms. Kaur qualifies for is the basic personal tax credit. Determine Ms. Kaurs maximum federal tax credits for 2020.

Question 2:

Mr. Calvin Keane has a spouse and a 20 year old dependent son. Mr. Keanes 2020 Net Income For Tax Purposes is 92,664. For 2020, Mr. Keanes spouse has no income and his son has Net Income For Tax Purposes of 5,532. During 2020, Mr. Keane and his spouse have medical expenses of 4,432 . His son has medical expenses of 8,788 which Mr. Keane paid. Determine Mr. Keanes medical expenses credit for 2020

Question 3:

During 2020, Selma attends university for 4 months. Her total tuition for the year, including all ancillary fees, is 1,409 of which she prepaid 749 in 2019. The amount paid in 2020 includes 353 in fees that are only charged to students in her sociology program. During 2020, she paid 614 Interest on the loan she received under the Canada Student Loans Act. Determine the total amount of education related credits that would be available for Selma in 2020.

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