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?Question 6 During 2 0 2 3 , ?Aiden earned $ 6 0 , 0 0 0 ?gross employment income from his position as a

?Question 6
During 2023, ?Aiden earned $60,000 ?gross employment income from his position as a co-ordinator at GGF Mutual Funds. He and his employer each contributed $1,500 ?to his Registered Pension Plan (RPP), ?while Aiden also contributed $1,000 ?to a Registered Retirement Savings Plan (RRSP), ?$2,000 ?to a Tax-Free Savings Account (TFSA), ?and $500 ?to a First Home Savings Account (FHSA). ? Aiden also paid $700 ?in medical expenses. Aiden had no other tax deductions other than those arising from the foregoing.
What was Aidens average Federal tax rate in 2023? ? Refer to 2023 ?Federal income brackets and rates below.
Income Bracket Marginal Tax Rate
0- ?$53,3590.15
$53,360- ?$106,7170.205
a)15.00%
b)15.01%
c)15.35%
d)15.41%

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