Use the following information to fill out Mitchell's 2016 income tax forms - Federal and Ontario:

Employment Income	26,500
Interest Income (T5)	40
RRSP deduction	950
Professional dues (T4)	165
CPP contributions (T4)	1,138
Employment insurance premiums (T4)	498
Charitable donations	75
Tuition	3,733
Public Transit	225
Education amount and textbooks (4 months full-time, Column C)	Use schedule 11 to calculate this. Assume he has no unused tuition.
Interest payment on student loans	245
Income tax deducted at source (T4)	2,085

• To find general instructions on how to fill out the tax forms, you can check the section on Income Tax Forms in Unit 02.
• Make sure you include line 363 on schedule 1.
• You must calculate the tuition and education tax credits for both the federal and provincial forms. They are different numbers.
• He has claimed charitable donations before.

Answer rating: 100% (QA)

Employment Income 26500 Interest Income T5 40 RRSP deduction 950 Professional dues T4 165 CPP contri... View the full answer