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Three years ago, Vincent exercised his stock options granted by ABC Co. and purchased 5,000 shares of the company, when the market price of the

Three years ago, Vincent exercised his stock options granted by ABC Co. and purchased 5,000 shares of the company, when the market price of the shares rose to $9 per share. The exercise price of the stock options was $6 per share. In 2022, Vincent sold 1,200 shares for $12 per share. Calculate the stock option

Vincent is still supporting his 20-year-old son, David, who is a full-time student at Queens university. Each year, David transfers $5,000 tuition tax credit to Vincent. David had no income in 2022. calculate the tuition tax credit

During the year, Vincent made gifts of $5,000 to a local charity. He paid tuition fees of $700 to attend a three-month evening course at a university. Calculate charity tax credit

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