Question: For 2020 an individual had net income for tax purposes of $196,000 and Division C deductions of $18,000. During 2020 the individual had medical expenses

For 2020 an individual had net income for tax purposes of $196,000 and Division C deductions of $18,000. During 2020 the individual had medical expenses of $7,900 and made charitable donations of $1,400. For the same year the individual's spouse had net income of $4,500 and Division C deductions of $2,550. Determine the individual's tax credit amounts for 2020 for each of the following personal tax credits: 1. Basic personal 2. Spouse 3. Medical expenses 4. Charitable donations

1.Basic personal- 13229-(196000-150473)x(931/63895)=12565.63609 =12565.64

2.Spouse-

3.Medical expense- max medical 4. Charitable donations

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