Use the the marginal tax information in the table below to calculate the annual after tax income
Fantastic news! We've Found the answer you've been seeking!
Question:
Use the the marginal tax information in the table below to calculate the annual after tax income Greg should expect in his retirement.
Greg expects
$11201 annually from CPP,
$6467 annually from OAS,
$99,000 from his RRIF.
Assume that his OAS will be clawed back on any income above $76,000.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: