FIN 3020 Winter 2020 Project: Rosy Evans 2019 Tax Return Analysis

This assignment is a comprehensive analysis of Rosy Evans' 2019 Canadian Income Tax and Benefit Return, focusing on her financial situation and tax obligations. The solution includes detailed calculations of her total income, incorporating employment income, taxable scholarship income, and rental income. The rental income is calculated from a six-plex property, considering various expenses such as hydro, water and gas, mortgage interest, property taxes, maintenance, insurance, management fees, and superintendent salary. Deductions are also considered, including pension adjustments, RRSP contributions, and other applicable deductions. The analysis provides a step-by-step breakdown of the income tax form, ensuring accuracy in reporting and compliance with Canadian tax regulations. The final result provides Rosy's net income, taxable income, and ultimately, her tax liability or refund.