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You are preparing your individual income tax return for 2019 using ProFile T1 software. You must
calculate the “minimum” taxes payable.
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Taxpayer information:

NAME USE YOUR NAME = FOR MARKING PURPOSES

SIN 255 353 336
BIRTH DATE DECEMBER 18, 1978
ADDRESS 546 MONEYBALL LANE
CITY TORONTO
PROVINCE ONTARIO
POSTAL CODE P4F 5Y6
HOME PHONE 416-555-5565
SIN 255 353 336
BIRTHDATE DECEMBER 18, 1978
GENDER MALE
MARITAL STATUS DIVORCED

Additional Information:
CRA online mail No
Notice of assessment to preparer No
Did not dispose of a property for which they are claiming a principal No
residence exemption
Use preparer address for Nothing
Efile this return? Yes
Efile multiple years? No
First time file in 2019? No
Income tax return is being filed with Revenue Quebec for the first time? No
Amended return? No
Authorization for efiler to represent taxpayer? Yes
Method of Contract for both Pre-assessment and Post-assessment Contact client
Is return discounted? No
Is return completed under the CRA’s volunteer program? No
Is a fee charged for preparing this tax return Yes
Were you confirmed to a prison or similar institution? No
Province or territory changed in 2019? Leave blank
Is the home address the same as the mailing address? Yes
Are you a Canadian citizen Yes
Provide information to Elections Canada? Yes
Did taxpayer own specific foreign property at any time in 2018 with a No
total cost of more than $100,000?
Is taxpayer’s income zero? No
Claim disability amount? No
Mentally or physically inform? No
Indian with the meaning of the Indian Act? No
Language of Correspondence English
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Children:
You have one child:
Name of Child Relationship Date of Birth
Maddox Lee Son August 4, 2012

Babysitting info: Name of Provider – Susan Armstrong SIN of Provider- 300 000 007

Receipt for Childcare for 2019: Maddox $ 2500

Received from you First & Last Name
Received by Susan Armstrong

Investment income from 2019 (Statement of Investment Income):

• TD bank (T5)
o Box 13 – interest from Canadian sources $2,000
o
• RBC (T5)
o Box 24 - eligible dividend received in cash $4,525.25
o Box 25 - taxable amount of eligible dividends $6,237.95
o Box 26 – dividend tax credit for eligible dividends $936.93
o Box 10 – amount of dividends other than eligible dividends $125
o Box 11 – taxable amount of dividends other than eligible dividends $143.75
o Box 12 – dividend tax credit for dividends other than eligible dividends
$12.98
• Carrying charges $200

RRSP Contributions:
• TD bank – during the first 60 days $3,600
• RBC – during the remainder of the year $1,000
o Your earned income last year was = $50,000; no pension adjustment.
o Limit from 2018 Notice of (Re)Assessment: 9,926

Property Taxes Paid in 2019 to City of Toronto - $2,799

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Capital Gains – Schedule 3:

Sale of Shares:

Name of Share Year of Date of Proceeds of Adjusted Owner of

Acquisition Disposition Disposition Cost Base Shares
Sensor Sands 2012 April 11 15,545.00 12,520.0 100% You
Hull Ltd 2015 December 1 6,850.00 8,800 100% You

*Both are private companies. Assume that you have already utilized your full LCGE for
purposes of the disposition of shares.

RENTAL INCOME & EXPENSES: T776

o Gross rent - $40,000
o Maintenance expense - $10,000
o Mortgage interest - $1,000
o Property tax - $1,000
o Commercial building class 1, (Purchased on JAN 1, 2019) $450,000 (0% of
Building is used for personal use, qualifies as AIIP)
o Furniture class 8: UCC (JAN 1, 2019): $20,000. You made a purchase during the
year of more furniture at a cost of $50,000 (June 1).

EMPLOYMENT INCOME

• Employer: Fusion Ltd.

• Box 14 – employment income: $120,000
• Box 22 – income tax deducted: $45,000
• Box 16 – employee’s CPP contributions (input the maximum for 2019)
• Box 18 – employee’s EI premiums (input the maxim for 2019)
• Box 20 – RPP contributions - $5,000
• Box 44 - union dues - $225
• Box 46 – charitable donations $125
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Medical expense information:

Name Date of Provider Description of Expense Amount

Service
You April 12 Shoppers Drug Mart Prescriptions $ 154.22
You April 25 Shoppers Drug Mart Prescriptions $ 634.00
You June 28 Shoppers Drug Mart Prescriptions $ 136.48
You August 5 Shoppers Drug Mart Prescriptions $ 253.56
Child September 5 Shoppers Drug Mart Prescriptions $ 353.56
Child November 11 Shoppers Drug Mart Prescriptions $ 127.57
Child December 16 Shoppers Drug Mart Prescriptions $ 195.50

Paid Charitable donation to United Ways $500.

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Canada R811811U8 Agence du re11enu Protected B / Protege B

Agerct du Canada wtlen completed f une fOIS rempli
For student I Poon etudiant
T2202 Tuition and Enrolment Certificate
2
Year
Certificat pour frais de scolarite et d'inscription Annee

Name and address of designated educational institution 2_j School type Flying school or club
Norn et adresse de l'etablissement d'enseignement Categorie d'ecole Ecole ou club de pilotage
SHERIDAN COLLEGE 2
Student number Filer Aa:ount Number
Numero d'etudiant Numero de compte du decfarant

985745120
I I I I I Rt Z I I I I
Name of program or course
Norn du programme ou du cours Number
m Number Bigible tuition fees.•
of months of months part-time and full-time/
Sessxm From To
pert-lime/ full.m,ej
BUSINESS ACCOUNTING DIPLOMA periods/ YYIMM YY]J.;IM Frais de scolarite
Hombre Nombre admissibles pour
Periodes A de fflOIS a
Student Name de mais a etudes a temps partiel
d'etudes AA/MM M fMM
Norn de l'etudiant
tempspartiel temps plein et a temps plein

'JOV.. . 1 119 0 11 119 014 4 $2,876.25

2 119 0 19 119 112 4 $3,250.64
Student address
Adresse de r etudiant 3

JouR.
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4
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Totals/ Totaux 24 @ 8 $6,126.89

Information for students: See the back of Certificate 1. If you want to transfer all or part of
your tuition amount. complete the back of Certificate 2

Renseignements pour les iitudiants : Usez le verso du certificat 1. Si vous desirez transferer
Social insurance number (SIN)
une partie ou la totali!e de vos frais de scolarite.
Numero d'assurance sociale (NAS I remplissez le verso du certificat 2.
l)':)75 35 ·3 :3 ·3b .
See the privacy notice on the next page.
Consultez ravis de confidenlialite a la page suivante.
T2202(20)
Canada
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canada Revenue ~du-

~rtame - Nom <lupayeu, lqJttrot du Canada T4A
I
~ERIOAN COl,,1,.EGE Statement of P-ion, Rtttiremem, Annuity,
Year
Annee I and Other Income
Etllt du revenu de pension , de retraite , de rent• I

,~
ou d"autres sources

Pension or ,..,erannuallon - line 11500

Prestations de r e - ou 1uns lncorntt tax deduded - line 43700
lmplt sur le re,e,,u ,_,., - llgne 43700
Pay..-, acccunt nwnt>tr I Numero Cle comi,c,, du payeur - - - 5gne 11500 I

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Sodll insurance number Reclpienfs account numw

Lum~i.rn payments - line 13000 Se1Hmptoy9d commlH01S '

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Numero <t assurance socU Numero doc~ du WMflclajre
Pllie.-rts 1011...-os - llgne 13000 CommiHions crun ~•vail indipendlnt i
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