FIN 3020 Winter 2020 Project: Rosy Evans' Income Tax Return Analysis

This assignment provides a detailed analysis of Rosy Evans' 2019 income tax return. The solution includes the completion of the T1 form, considering her income from employment, rental properties, and other sources. The assignment involves calculating her total income, including employment income, taxable dividends, and rental income from a six-plex. Deductions are calculated for expenses related to the rental property (hydro, water, gas, mortgage interest, property taxes, maintenance, insurance, and management fees). The solution determines her net income, taxable income, and any applicable tax credits or deductions. The analysis also considers her marital status, citizenship, and other relevant personal information to accurately prepare the tax return in compliance with Canadian tax regulations.