emi Tale is a Financial Analyst with a Canadian public company. In 2022, she had...
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Accounting
emi Tale is a Financial Analyst with a Canadian public company. In 2022, she had net and taxable income of 105,625 , all of which was employment income. - Her employer withheld the maximum EI premiums of $953 and CPP contributions of $3,039. Assume that part of the CPP contribution of $461 has been properly considered in the determination of net and taxable income. - Demi is 42 years old, and her spouse is 41 years old and has net income of $7,250. - They have an 18 year old daughter who lives at home. She attends college on a full-time basis for 8 months during 2022. Demi paid her tuition fees of $5,725, as well as $675 for the textbooks that she requires in her program. The daughter had a net income of $4,260. The daughter agrees to transfer the maximum education credits possible to Demi. - Demi and her spouse have medical expenses of $7,100. Required (show all calculations): Calculate the minimum Federal income tax payable for 2022 for Demi Tale. [Hint: please provide your answer in the following format with description of the items and calculations under each section] - Enable the HTML Editor for inputting your
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