$.$ Until when should Ronald keep those documents?

b$.$

Until the end of $2022$

C$.$

Until the end of $2025$

d$.$

Until the end of $2027$

$7$ Belinda, age $66,$ receives a CPP pension and an OAS pension totaling $$20,000,$ and a company pension of

$$11,250.$ What dollar amount of credits is she entitled to when she calculates her taxes owed for $2021?$

a$.$

$$13,229$

b$.$

$$15,229$

C$.$

$$24,296$

d$.$

$$20,866$

$8$ Which statement about tax deductions and credits is accurate?

a$.$

Tax credits will reduce tax payable while tax deductions reduce the income used to calculate tax payable

b$.$

Tax credits only reduces federal tax payable while tax deductions reduce provincial tax payable

Tax credits only reduce provincial tax payable while tax deductions reduce both federal and previgial the