Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. david was injured last year. he received a t4 slip

David was injured last year. He received a T4 slip from his employer with $32,000...

70.2K

Verified Solution

Question

Accounting

image David was injured last year. He received a T4 slip from his employer with $32,000 in Box 14 . The employer provided a letter stating that David received $3,000 from the company's wage loss replacement plan last year that was included in Box 14 of the T4 slip, and that David has contributed a total of $1,400 to the plan over the past four years. This was the first year David ever received any benefits from the plan. What does David report on Line 10130 on his tax return? $0$1,400$1,600$3,000 $0 $1,400 $1,600 $3,000 Mark for follow up Question 56 of 58. Jiro was injured last year. He received a T4 slip from his employer with $32,000 in Box 14. The employer provided a letter stating that Jiro received $3,000 from the company's wage loss replacement plan last year that was included in Box 14 of the T4 slip, and that Jiro has contributed a total of $1,400 to the plan over the past four years. This was the first year Jiro ever received any benefits from the plan. What does Jiro report on Line 10400 on his tax return? $0$1,400$1,600$30,600 Mark for follow up Question 57 of 58. Dominic made a political contribution of $500 to the Green Party in 2022. How much can he claim on Line 41000 in Step 5 Part C? $75$117$350$375 Mark for follow up

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students