Notice of Assessment for Jesiah Hamilton Tax year 2018

Line	Description	$ Amount
150	Total Income………………………………………… Deductions from total income………………………	$108,911 $15,139
236	Net Income…………………………………………… Deductions from net income…................................	$93,772 0
260	Taxable Income………………………………………	$93,772
350	Total federal non-refundable tax credits………………………………………………….	$3,416
6150	Total Alberta non-refundable tax credits………………………………………………….	$2,540
420	Net Federal Tax……………………………………….	0.00
421	CPP contributions…………………………………….	4,207.50
435	Total Payable………………………………	4,207.50
437	Total Income Tax Deducted…………………………	$28,881.78
482	Total credits…………………………………………… (Total payable minus Total credits)................................................................ DR [Penalties............................................................ DR Arrears interest................................................... DR Balance Due from this assessment......................................................... DR Balance due........................................................ DR	3,175.62 1031.88 0.00 0.00 0.00 $1,729

Notice of Assessment for Jesiah Hamilton Tax year 2019

Line	Description	$ Amount
150	Total Income………………………………………… Deductions from total income………………………	$114,248 $14,281
236	Net Income…………………………………………… Deductions from net income…................................	$99,967 0
260	Taxable Income………………………………………	$99,967
350	Total federal non-refundable tax credits………………………………………………….	$3,383
6150	Total Alberta non-refundable tax credits………………………………………………….	$2,358
420	Net Federal Tax……………………………………….	0.00
421	CPP contributions…………………………………….	4,207.50
435	Total Payable………………………………	4,207.50
437	Total Income Tax Deducted…………………………	$29,790.17
482	Total credits…………………………………………… (Total payable minus Total credits)................................................................ DR [Penalties............................................................ DR Arrears interest................................................... DR Balance Due from this assessment......................................................... DR Balance due........................................................ DR	3,175.62 1031.88 0.00 0.00 0.00 $1,776

To Whom This May Concern,

This letter is to confirm that Cassandras Hamilton is an employee of the University of Alberta Bookstore. Cassandra has been working in a part-time position since September 15^th, 2020. Her annual salary is 17,160 per annum.

Jackson Peters

Calculate their assets and liabilities: (Do not leave any blank. Enter "0" if applicable.)

ASSETS	VALUES
Property
Bank Account
Land
Tundra
Investments
Other
Total Assets:

LIABILITIES	VALUES	MINIMUM PAYMENT
Mortgage
Loan
Costco Mastercard
RBC Visa
Bay credit card
Capital One Card
Total Liabilities:

Calculate Net Worth from lender perspective: 

In reviewing their current financial situation, you would recommend that the Hamiltons also consolidate their consumer debts along with their renovation request.

Calculate the consolidation loan at 5.2% for 5 years.

Monthly loan payment: 

Calculate Jesiah and Cassandra's GDS: %

Calculate Jesiah and Cassandra's TDS: %

Do you approve the loan?

		Yes
		No

Answer rating: 100% (QA)

Calculate their assets and liabilities Do not leave any blank Enter 0 if applicable ASSETS VALUES Property75000 Bank Account2000 Land25000 Tundra3000 ... View the full answer