T4A Case Study Essay

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| 1. Kristen is 18 and has no T4 slip. She also does not need to claim her scholarship (T4A) because she qualifies as a full time student and therefore the scholarship is tax exempt. 2. Kristen qualifies for the full time education and textbook credit for 4 months due to her T2202A. 3. Kristen is 18 years old and therefore she is not able to claim GST/HST. She will be able to once she turns 19. 4. Owen is eligible to claim child care expenses under a part © limitation due to Sonja’s hospitalization. It is calculated as a lesser of calculation: a. Owen i. Child Amount: $4000 ii. Actual Cost: $2000 iii. 2/3 earned income: $52000 *2/3= $34,667 iv. Part ©: $4000*2.5%*6weeks=

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