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2 6 . Bryan Bright works for Best Books Ltd . in Alberta and is paid $ 6 9 , 5 0 0 annually, paid

26. Bryan Bright works for Best Books Ltd. in Alberta and is paid $69,500 annually, paid on a bi-weekly basis. He contributes 4% of his gross earnings to a Registered Retirement Savings Plan each pay. Bryan pays $24.00 bi-weekly for union dues and receives a group term life insurance non-cash taxable benefit of $27.00 each pay, paid 100% by his employer. His federal and provincial TD1 claim codes are 3 and he will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Bryan's net pay, following the order of the steps in the net pay template.
Step One: Determine Gross Earnings
Answer:____________________________
Step Two: Determine Pensionable Earnings
Answer:____________________________
Step Three: Determine Insurable Earnings
Answer:____________________________
Step Four: Determine CRA NTI
Answer:____________________________
Step Five: Determine RQ NTI
Answer:____________________________
Step Six: CPP
Answer:____________________________
Step Seven: EI
Answer:____________________________
Step Eight: QPIP
Answer:____________________________
Step Nine: Federal Income Tax
Answer:____________________________
Step Ten: Quebec Income Tax
Answer:____________________________
Step Eleven: Total Deductions
Answer:____________________________
Step Twelve: Net Pay
Answer_____________________________

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