Question
Taxpayer Information: Name: Andy van Holt SIN: 805 164 225 DOB: March 7, 1973, Marital status: Single Address: 456 Queen Street Your City, YP, K2Y
Taxpayer Information: Name: Andy van Holt SIN: 805 164 225 DOB: March 7, 1973, Marital status: Single Address: 456 Queen Street Your City, YP, K2Y 3X3 Phone: (XXX) 321-6547 Email: andyvanholt1111 On September 10, Andy made a federal political contribution of $125 to the Liberal Party, for which he has an official receipt. Andy was put on temporary furlough by his employer in April. Since Andy was not working at the time, he applied for and received CERB until he went back to work at the beginning of August. In October, Andy suffered an injury that occurred on the job and as a result, did not work during the last part of the year. During this time, he received workers compensation payments. Andys T4, T4A, and T5007 slips are reproduced below. He also received $15,300 in tips throughout the year. Andy has the following donation receipts: Salvation Army $160 Red Cross $350 Alzheimer's Society $180 Local Church $1,080 Last year when his grandfather died, Andy inherited his coin collection and $5,000 in cash. The value of the coin collection was estimated at $15,000. Prepare a complete income tax return for Andy. He is a Canadian citizen, wants to answer Yes to the Elections Canada question, but he does not want to register for online mail. He does not own any foreign property. Andy does not elect to make additional CPP contributions for his tips.
Ques. How does Andy report the CERB income on the tax return?
Ques. Would the reporting of CERB on the tax return have been any different if instead of receiving a T4A, a T4E for $8,500 had been received instead? If so, how would it be different?
Ques. How does Andy treat his inheritance on the tax return?
Ques. How are Andy's tips reported?
Ques. Which donations can Andy claim on Schedule 9?
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