Reference no: EM133091761
Income tax- Day 1
Class Activity
Prepare a list of the following amounts in an excel sheet -Salary from all sources
Other income from all sourcesTips and gifts
Canada child benefit income Pension income
RRSP incomeEmployment insurance income
CPP, Insurance, interest incomeAny other type of income received
List of all expenses like EI expense, any RRSP expense, credit card bill, loans and advances, grocery etc. Make sure you list all major and minor income and expenses for the whole year 2021.
If there is any other subsidy that you receive, please list that also like disability benefit, social service benefit, scholarship etc.