Wanda is a full-time student attending Cegep de la Gaspesie in 2020. She received a T2022a...

  

 
 

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Wanda is a full-time student attending Cegep de la Gaspesie in 2020. She received a T2022a form for the period with the following information: Number of months of full-time study - 8 Eligible tuition fees - $6,000 Wanda also worked part-time in 2020, earning $16,400. Her T4 shows that she paid $575 in QPP contributions, as well as $250 in Employment Insurance premiums and $75 in QPIP premiums. Wanda would like to transfer as much as possible of the federal tuition credit to her Mother to thank her for paying for her education. What is the total amount of non-refundable credits, excluding tuition, that 2 points Wanda can use to reduce her taxable income? What is the total amount of non-refundable credits, excluding tuition, that Wanda can use to reduce her taxable income? O $13,229 O $14,129 O $15,374 O $14,474 How much tuition, if any, can Wanda transfer to her Mother? O $4,974 O $5,000 $3,891 $3,569 Wanda is a full-time student attending Cegep de la Gaspesie in 2020. She received a T2022a form for the period with the following information: Number of months of full-time study - 8 Eligible tuition fees - $6,000 Wanda also worked part-time in 2020, earning $16,400. Her T4 shows that she paid $575 in QPP contributions, as well as $250 in Employment Insurance premiums and $75 in QPIP premiums. Wanda would like to transfer as much as possible of the federal tuition credit to her Mother to thank her for paying for her education. What is the total amount of non-refundable credits, excluding tuition, that 2 points Wanda can use to reduce her taxable income? What is the total amount of non-refundable credits, excluding tuition, that Wanda can use to reduce her taxable income? O $13,229 O $14,129 O $15,374 O $14,474 How much tuition, if any, can Wanda transfer to her Mother? O $4,974 O $5,000 $3,891 $3,569

Answer rating: 100% (QA)

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