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taxation Question 16 a crystal vase worth $2,500 as a gift for her wedding in July. StoreyCorp deducted the required income tax, EI and CPP

taxation

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Question 16 a crystal vase worth $2,500 as a gift for her wedding in July. StoreyCorp deducted the required income tax, EI and CPP amounts from her paycheques during the year. $25/ share during the year. $2,400 and home repairs (furnace) of $2700. Rita and her spouse purchased the home on January 1,2022 for $1,250,000. Neither of them had owned a previously. year-old aunt also lives with her and she had no income during the year. Rita had a $10,000 allowable capital loss carryover from 2020 that she has not been able to use in a prior taxation year. Required: A. Calculate the amount to report on each line in the table below, including Rita's 2022 Net Income for Tax Purposes and Taxable Income. B. Calculate the Federal Income Tax Liability for Rita: C. Calculate the following Federal Non-Refundable Tax Credits for Rita

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