Question
Use the following information to fill out Mitchell's 2015 income tax forms - Federal and Ontario: Employment Income 26,500 Interest Income (T5) 40 RRSP deduction
- Use the following information to fill out Mitchell's 2015 income tax forms - Federal and Ontario:
| Employment Income | 26,500 |
| Interest Income (T5) | 40 |
| RRSP deduction | 950 |
| Professional dues (T4) | 165 |
| CPP contributions (T4) | 1,138 |
| Employment insurance premiums (T4) | 498 |
| Charitable donations | 75 |
| Tuition | 3,733 |
| Public Transit | 225 |
| Education amount and textbooks (4 months full-time, Column C) | Use schedule 11 to calculate this. Assume he has no unused tuition. |
| Interest payment on student loans | 245 |
| Income tax deducted at source (T4) | 2,085 |
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
