Determine the employee's total income tax deduction for this pay period. Your answer:
Determine the employee's total income tax deduction for this pay period. Your answer:
Chapter4: Income Exclusions
Section: Chapter Questions
Problem 47P
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Question
Transcribed Image Text:Dolores has worked for Taber Lighting in Edmonton, Alberta since 2012. She earns $21.83 per hour,
works 40 hours per pay period and is paid on a weekly basis. The company provides its employees with
group term life insurance and pays 100% of the premiums for its employees coverage. The premiums
the company pays for Dolores's coverage are a non-cash taxable benefit of $13.00 per pay. Dolores
participates in the company's Registered Retirement Savings Plan and contributes 3% of her earnings to
the plan every pay. She also pays $21.00 in union dues each pay. Her federal and provincial TD1 claim
codes are 1.
Determine the employee's total income tax deduction for this pay period.
Your answer:
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