Problem
In 2022, Joel Inc. paid $400 (including HST) for the preparation of Cindy's 2021 income tax return and $530 (including HST) for Cindy to see a financial planning consultant regarding physical health.
Cindy is taking courses towards her M.B.A. degree on a part-time basis during the evening. She is taking the courses for a promotion opportunity within the company. During 2022, Joel Inc. paid for the tuition for these M.B.A. courses which amounted to $8,000.
Cindy would like you to calculate her income from employment for the current year. Cross-reference your answer to the appropriate sections of the Act to each of the items included in the employment income. To avoid losing partial points, make sure to (i) present the 4 calculation process for items that are not given directly in the question, and (ii) list as "items omitted" for any of the above amounts omitted in the calculation of employment income with the appropriate cross-reference (why omitted) as well.