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Subject calculation of tax payable before credit During 2020, Joan Mattel is a resident of Ontario and has calculated her Taxable Income to be $56,700.

Subject calculation of tax payable before credit During 2020, Joan Mattel is a resident of Ontario and has calculated her Taxable Income to be $56,700. Assume that Ontarios rates are 5.05 percent on Taxable Income up to $48,535 and 9.15 percent on the next $48,534. Calculate her 2020 federal and provincial Tax Payable before consideration of credit, and her average rate of tax?

For 2020 , Travis Hoffman has net income For Tax Purposes of $350,000 and Taxable Income of $325,000, During the year, makes eligible charitable gifts of $225,000. Determine Mr. Hoffmans 2020 charitable donations tax credit.

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