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Exam CIFC Topic 1 Question 159 Discussion

Actual exam question for IFSE Institute's CIFC exam
Question #: 159
Topic #: 1
Last year Peter's earned income from employment was $50,000.
Last year, after receiving a $2 per share in dividends from 500 shares in ABC Inc., a publicly-traded Canadian corporation, he sold his shares. The sale resulted in a capital gain of $15,000.

Based on the tax rates mentioned above, what is Peter's net federal tax liability for the year? (Round to 2 decimal places).

Suggested Answer: B Vote an answer

by Natividad at May 29, 2024, 11:30 AM

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Here are all the actual test exam dumps for IT exams. Most people prepare for the actual exams with our test dumps to pass their exams. So it's critical to choose and actual test pdf to succeed.

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