In each of the following independent Cases, determine the maximum amount of 2023 personal tax credits, including transfers from a spouse or dependant, that can be applied against federal income tax payable. Ignore, where relevant, the possibility of pension income splitting.
A calculation of federal income tax payable is NOT required, only the personal tax credits.
1. Sarah Partridge was 72 years old and had net income of $61,300. This total was comprised of OAS and pension income from her former employer. Her husband was 58 years old and had a net income of $4,725.
2. Martin Brody was divorced from his wife several years ago. He has custody of their four children, ages 7, 9, 12, and 15. His net income was $54,000 which consisted of spousal support payments. The children were all in good health. The oldest child had net income of $11,200 during the year. None of the other children had any income.
3. Marion Lassiter had net income of $132,450, all of which was rental income. Her husband had a net income of $1,600. They had three children, ages 14, 16, and 19. All these children were in good health and continued to live at home. The 19-year-old child had a net income of $8,460. None of the other children had any income. During the current year, Ms. Lassiter paid the following medical expenses:
Marion $ 4,240
Her Spouse 3,450
14-Year-Old Child 1,860
16-Year-Old Child 2,450
19-Year-Old Child 6,720
Total $18,720
4. Janice Archer had a net income of $92,100, none of which was employment income or income from carrying on a business. Her spouse had a net income of $7,240. Their daughter was 15 years old, lived with them, and had a net income of $2,150. Their son was 22 years old and, because of a physical infirmity, continued to live at home. He had no net income as he volunteered for a non-profit organization that provided services to disabled individuals. His disability was not severe enough to qualify for the disability tax credit.
5. Joan Baxter had a net income of $85,000, all of which was employment income. Her employer withheld maximum CPP contributions and EI premiums. She was married to John Brown whose net income was $4,230. They had three children aged 7, 9, and 11. All the children were in good health and none of them had any income.