General Quiz 06-26

General Quiz 06-26

University

8 Qs

quiz-placeholder

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General Quiz 06-26

General Quiz 06-26

Assessment

Quiz

Other

University

Practice Problem

Hard

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UW Electric

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Canada, what is a personal income tax return called?

T4 Return

T1 Return

T2 Return

T2202 Return

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A T4 slip is also known as a...

Statement of Income Paid

Statement of Money Made

Statement of Remuneration Paid

Statement of Remuneration Earned

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A Tuition and Enrollment Certificate is also known as a T____ slip

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following countries charges 0% income tax? (there's more than one)

Monaco

United Arab Emirates

Switzerland

Bermuda

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Canada, the highest marginal income tax rate is...
(Highest rate on the tax schedule)

40%

31%

33%

29%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False - Individuals can open a RPP savings account

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these vehicles can NOT be written off as a section 179 tax deduction?

*Section 179 only applies in the US

Dodge

Grand Caravan

Toyota

Highlander

Mercedes Benz

G Wagon

Ford
F150

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False - Whenever a sponsor gives us cash they can write off the amount as a donation on their tax return

True

False