Question: Austin and Brittany need some help determining what their approximate tax situation will be for this year. In addition to what you already know: Brittany
Austin and Brittany need some help determining what their approximate tax situation will be
for this year. In addition to what you already know:
Brittany plans to contribute $4000 to an RSP this year.
Brittany has professional dues (APEGA) of $300.
Austin has capital gains of $1000
They will earn $100 on the honeymoon savings. Split this evenly between them.
Basic personal amount $11,000
Medical expenses $3,000
Tax withheld at source Brittany: $14,600, Austin: $11,500
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