Were you being a tax professional work for A & B tax consultant corp. Victoria, new client ask you to help her to understand and prepare her tax return for 20X9 She wants to know her max RRSP deduction, and she wants to use it all to reduce her taxes. Also, she want you to calculate and explain what is her minimum Net income for Tax Purpose, her minimum Taxable Income, and her minimum Federal tax Payables. Finally, she needs to know her tax credits and how much her tax refund or owe from (to) Canada Revenue Agency She provides you with the following information:

a) April 1, 20X9 Victoria sold 2,000 shares of River Ltd. for 20 per share and she pay 1,000 commission for CIBC Investor Edge, to handle this transaction The original of the shares; she had inherited 1,500 of the shares from her late father in 20X5. Her father had paid 7 per share when he purchased the shares in 20X2, and the fair market value at the time of his death was 11 per share. Also, In 20X6 Victoria purchased an additional 1,500 shares for 14 per share, and paid 200 commission