Question: 1. Prepare a T1 Return for Ms. Smith using the Profile Software. You can assume all the personal Information (address, SIn etc) . 2. Submit

1. Prepare a T1 Return for Ms. Smith using the
1. Prepare a T1 Return for Ms. Smith using the Profile Software. You can assume all the personal Information (address, SIn etc) . 2. Submit the Profile file (elther .17T.18T or .191 pr .20T) extension. DO not submit the PDF file. It has to be Profile File. You can assume the Information presented In this case as per the year you have chosen. 3. Complete the attached excel file and also submit It along with Profile file. 4. Excel answers would have a welght of 6056 and Profile file has a welght of 40%%. 5. Follow the Instructions In the excel rellglously. 6. Submit your excel with the following naming format: First Name_Last Name_Assignment 1 Claim the maximum CCA (business and property) In order to reduce the tax llability. No CCA should be claimed against the personal residence. Ignore GST/HST on sales and expenses. Ms. Smith has been working for her employer for over a decade. The table below summarizes the information from her 74 slip. Employment Income Box 14 $150,000 Box 16 $2 593.38 Box 10 $238.22 Box 22 $41 500 Box: 24 531,799 Box 26 $35,900

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