T1 - step 2 - line 31 This is Anna's total income Question T1 - step 3
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T1 - step 2 - line 31
This is Anna's total income
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T1 - step 3 - line 34
This is the allowable RRSP deduction Anna can claim, according to the Schedule 7 form
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S8 - part 5b - line 54
The tax break Anna will receive to compensate for the employer portion of her CPP contributions on self-employment income
(usually an employer pays half and the employee pays the other half - if you are self-employed the government treats the employer half like a business expense and doesn't tax you on it, therefore it's a deduction)
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