Handout 9 Taxpayer profiles

Transcription

1 Handout 9 Taxpayer profiles Print one copy only, single sided. Taxpayer profile 1 Corporate lawyer of $90,000. Taxpayer profile 2 Plumber was $60,000. Your total were $12,000. Therefore, your was $48,000. Taxpayer profile 3 Taxpayer profile 4 Taxpayer profile 5 Training consultant total business income for the year was $85,000. Your total eligible business expenses were $5,000. Therefore, your total taxable income was $80,000. Overstate your allowable business expenses to be $15,000, and report taxable income of $70,000. Doctor of $148,000. You also earned $6,000 of other business income. Report all your income on your tax return. Warehouse shipper/receiver Last year you earned $35,000 of Taxpayer profile 6 Taxpayer profile 7 Taxpayer profile 8 Client services representative Last year you earned $38,000 of Software engineer income was $65,000. Receptionist Last year you earned $32,000 of 1 of 5

2 Taxpayer profile 9 Music producer Last year you earned $110,000 of $21,000 of allowable business expenses. Therefore, your taxable income was $89,000. Report your correct taxable income. Taxpayer profile 10 Occupational therapist You are self-employed. Last year you earned $68,000 of business income. You have of $6,000. Your total taxable income is $62,000. You decide not to report your income because you do not have the money to pay your taxes. Taxpayer profile 11 Butcher of $33,000. Taxpayer profile 12 City employee You are an employee with the city. You earned total employment income last year in the amount of $52,000. Taxpayer profile 13 Photographer was $42,000. Your total were $4,000. Therefore, your was $38,000. Taxpayer profile 14 Taxpayer profile 15 Taxpayer profile 16 Pizza delivery driver You are employed full-time and you also deliver pizza on the weekends. You earned $36,000 from your full-time job. You earned $5,000 cash from delivering pizza. Do not report the $5,000 you earned from delivering pizza as it was cash income and you feel you do not need to report it. Airline pilot of $87,000. Chiropractor You earned $79,000 of business income last year. You had $15,000 of allowable business expenses. Therefore, your taxable income for the year was $64,000. Report your correct taxable 2 of 5

3 Taxpayer profile 17 Tennis coach income was $41,000. Taxpayer profile 18 Pharmacist income was $88,000. Taxpayer profile 19 Taxpayer profile 20 Taxpayer profile 21 Nurse You earned $65,000 of employment income last year. Teacher You earned $58,000 of employment income last year. Accountant of $82,000. Taxpayer profile 22 Taxpayer profile 23 Taxpayer profile 24 Security guard of $33,000. Travel agent of $30,000. Courier was $38,000. Your total were $4,000. Therefore, your was $34, of 5

4 Taxpayer profile 25 Real estate agent Last year you earned $72,000 of the amount of $7,000. was $65,000. Taxpayer profile 26 Backhoe operator Last year you earned $69,000 of You also earned income doing side jobs on the weekends. Last year you earned $18,000 of income doing miscellaneous jobs. Report your employment income only. Taxpayer profile 27 Taxpayer profile 28 Taxpayer profile 29 Computer graphic designer Last year you earned $53,000 of the amount of $3,000. was $50,000. Appliance repair technician Last year you earned $62,000 of the amount of $2,000. was $60,000. Window cleaner of $45,000. Taxpayer profile 30 Taxpayer profile 31 Taxpayer profile 32 Career counsellor of $50,000. Police officer of $77,000. Paramedic of $62, of 5

5 Taxpayer profile 33 Dentist You are self-employed. Last year you earned business income in the amount of $142,000. You had allowable business expenses in the amount of $28,000. Taxpayer profile 34 Server You are a server in a very busy restaurant. You earn hourly wages plus tips. Last year your total wages were $22,000. Your total tips were $12,000. Report your full wages, but only report $2,000 of the tips you earned. Taxpayer profile 35 Taxpayer profile 36 Taxpayer profile 37 Librarian of $53,000. Funeral director of $47,000. Air traffic controller of $74,000. Taxpayer profile 38 Taxpayer profile 39 Taxpayer profile 40 Electrician of $60,000. Firefighter of $58,000. Novelist was $62,000. Your allowable business expenses were $9,500. Therefore, your taxable income was $52,500. Understate your business income to be $55,000 and report taxable income of $45, of 5