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During 2022, John Martin is a resident of Ontario and has calculated his taxable income to be
$75500. Assume that Ontario's rates are 5.05% on Taxable income up to $50,197 and 9.15% on
the next $50,195. Calculate his 2022 federal and provincial tax payable without consideration of
any tax credits.
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
Your Answer:

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During 2022- John Martin is a resident of Ontario and has calculated h.pdf

  • 1. During 2022, John Martin is a resident of Ontario and has calculated his taxable income to be $75500. Assume that Ontario's rates are 5.05% on Taxable income up to $50,197 and 9.15% on the next $50,195. Calculate his 2022 federal and provincial tax payable without consideration of any tax credits. Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response. Your Answer: