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Question 4(1 point) All federal tax credits are calculated by multiplying the lowest federal income tax bracket rate by the indexed base figure True or

Question 4(1 point)

All federal tax credits are calculated by multiplying the lowest federal income tax bracket rate by the indexed base figure

True or False

Question 5(1 point)

If both spouses have medical expenses, it will usually be to their advantage for one of the spouses to claim all the eligible medical expenses.

True or False

Question 6(1 point)

The tax credit for charitable donations is limited to 75 percent of the Taxpayer's Taxable Income.

True or False

Question 7(1 point)

If two individuals are legally married, they both can claim the spousal credit for the tax year.

True or False

Question 8(1 point)

It is possible to claim a tac credit for an infirm child under 18, even if the child does not qualify for the disability tax credit.

True or False

Question 9(1 point)

An individual cannot claim the pension income credit if their only income is from the Canada Pension Plan

True or False

Course: Canadian taxation

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