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Identify Whether the Following Sources of Income and Expenditures Are

Question 9

Essay

Identify whether the following sources of income and expenditures are included for the calculation of net income for tax purposes.
Old age security payments received from the Canadian government
Disability pension received by a member of the RCMP
Scholarship received by a student enrolled in a qualifying education program.
Babysitting costs for a child 16 years of age or younger if incurred so the taxpayer can pursue employment, a business, or research activities.
An inheritance received
Research grants covering only the expenses incurred to conduct related research
Support payments for a child
Foreign pension benefits

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