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Use the following information to fill out Mitchell's 2016 income tax forms - Federal and Ontario: Employment Income 26,500 Interest Income (T5) 40 RRSP deduction

  1. Use the following information to fill out Mitchell's 2016 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

  • To find general instructions on how to fill out the tax forms, you can check the section on Income Tax Forms in Unit 02.
  • Make sure you include line 363 on schedule 1.
  • You must calculate the tuition and education tax credits for both the federal and provincial forms. They are different numbers.
  • He has claimed charitable donations before.

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