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Questions:
A. Submit a summary of the following information in table form (not the software print-out):
The net income for Winston & Marsha
Briefly explain the CRA's rules with respect to the deductions from total income to arrive at net income. In your explanation, refer to the specific calculation for Winston & Marsha.
The non-refundable tax credits for Winston & Marsha.Briefly explain the concept of non-refundable tax credits. In your explanation, refer to the specific calculation for Winston & Marsha.
Summary the 2022 Tax Return.
B. Briefly explain the benefit to the couple of filing a joint return. In your explanation, refer to an example specific the tax returns of Winston & Marsha.
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