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Time left 2:15:29 Question 1 Not yet answered Marked out of 15.00 Flag question Question text Sally moved to Canada on April 30th, 2022. Sally
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Question 1
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Question text
Sally moved to Canada on April 30th, 2022. Sally was born and raised in England and moved to Canada to start a career in architecture. Sally earned $45,000 from May to December in 2022 from the architecture firm. Sally earned $10,000 of employment income from January to March in 2022 while still living in England, and also received $1,000 in dividends in March 2022 and $1,000 in dividends in September 2022 from stocks in a European corporation. Sally's parents e-transferred $2,000 as a gift for Sally's 25th birthday in August 2022.
Required:
a) Determine Sally's residency status for Canadian tax purposes for 2022.
b) How much income is Sally required to report for the 2022 tax year?
c) Explain why any items have been excluded from your calculations.
Note: You are required to show your work in order to earn full marks but you are not required to reference legislation in Income Tax Act
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