N is employed as a salesperson and received $70,000 in commissions in the current year. N spends
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Question:
N is employed as a salesperson and received $70,000 in commissions in the current year. N spends most of the time working in her home office. N paid $1,200 including 13% HST in computer lease payments in the current year. N estimates that the computer is used 90% for employment purposes. What is the maximum deduction from employment income for tax purposes available to N for the current year?
Note: Do not place a minus sign in front of the amount.
$ .
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Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
Posted Date: