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An Alberta employee is paid $5,750.00 per month and has a monthly non-cash taxable benefit of $286.50. The employee contributes 4% of his earnings to
An Alberta employee is paid $5,750.00 per month and has a monthly non-cash taxable benefit of $286.50. The employee contributes 4% of his earnings to the companys registered pension plan.
The employee has filed the federal and provincial TD1 forms claiming the basic personal amount only. Determine the employees income tax for this pay period, showing all calculations for full marks
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