Question 3

Required: Determine the maximum amount of 2022 personal tax credits, including transfers from a spouse or dependant, that can be applied against federal Tax Payable by the taxpayer in each of the following independent Cases. A calculation of Tax Payable is NOT required.

5. Mr. Morant is 68 years old and has Net Income for Tax Purposes of $29,500, which is comprised of Old Age Security benefits and pension income paid out of his Registered Retirement Income Fund. He is single and he has a son who is 13 years old and is deaf. He has no income of his own. Enter amounts to the table

5	Particulars (Mr. Morant)
	Basic Personal Amount
	Spouse Amount
	Mother Amount
	EI Amount
	CPP Amount
	Canada Employment
	Eligible Dependent Amount
	Age Amount
	Pension Amount
	Canada Caregiver Amount

6. Ms. Young is divorced and maintains a residence far from her former spouse. She has custody of the 2 children from the marriage. They are aged 9 and 12 and in good health. They both earn $750 from paper routes. Her Net Income for Tax Purposes is $72,000, all of which is spousal support payments.

Particulars (Ms. Young)
Basic Personal Amount
Spouse Amount
Mother Amount
EI Amount
CPP Amount
Canada Employment
Eligible Dependent Amount
Age Amount
Pension Amount
Canada Caregiver Amount