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1. Jacqueline Cruz generated annual compensation income of P 455,000, net of statutory payments. Tax exempt 13th month pay and other bonuses-P 30,000. Determine
1. Jacqueline Cruz generated annual compensation income of P 455,000, net of statutory payments. Tax exempt 13th month pay and other bonuses-P 30,000. Determine the tax due of Jacqueline Cruz based on the following possible tax status of Jacqueline: a. Jacqueline is single with no dependent. b. Jacqueline is single with one qualified dependent. c. Jacqueline is married with one qualified dependent. d. Jacqueline is married with three qualified dependents. e. Jacqueline is married with five dependents.
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