Reference no: EM131751375

Question - John is 45 yrs old and has employment income of $92,100. His wife Marcia is 37 yrs old and has income of $8,600. They have no children. However, they provide in home care for Marcia's dad who is 61 yrs old dependant because of a physical infirmity and has no income. His disability is not severe enough to qualify for the disability tax credit. Also, living with them is John's 67 yr old father and 63 yr old mother. They are both in good physical and mental health. John's father has a net income of $23,200 and his mother has net income of $11,700.

If the income was from employment, the employer withheld the maximum EI premium and CPP contribution

Calculate the minimum 2016 federal tax payable for John. Indicate any carry forwards available to him and his dependants and the carry forward provided. Ignore any amounts John might have withheld for  taxes or paid in tax installments and the possibility of pension splitting.