Marc's income this past year incuded a salary of $170 000 and $4000 from selling some stock from his TFSA account. MAPE as8 EBA ) Calculate Marc's total taxable income. Marc's total taxable income is s (Your answer should be accurate to a whole number) H) Calculate the amount of taxes that Marc owes Federal government. Marc owes the Federal government s (vour answer should be accurate to a whole number) ) Calculate the amount of taxes that Marc owes the Quebec government. Marc owes the Quebec government (vour answer should be accurate to a whole number) iv) Calculate Marc's total tax payable. Marc's total tax payable (Your answer should be accurate to a whole number)

Marc's income this past year incuded a salary of $170 000 and $4000 from selling some stock from his TFSA account. MAPE as8 EBA ) Calculate Marc's total taxable income. Marc's total taxable income is s (Your answer should be accurate to a whole number) H) Calculate the amount of taxes that Marc owes Federal government. Marc owes the Federal government s (vour answer should be accurate to a whole number) ) Calculate the amount of taxes that Marc owes the Quebec government. Marc owes the Quebec government (vour answer should be accurate to a whole number) iv) Calculate Marc's total tax payable. Marc's total tax payable (Your answer should be accurate to a whole number)

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter2: Income Tax Concepts

Section: Chapter Questions

Problem 35P

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