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An employee in Ontario was paid a $25,000.00 retiring allowance. The eligible portion was $15,000.00 and Retirement Savings Plan by the employer. Calculate the income
An employee in Ontario was paid a $25,000.00 retiring allowance. The eligible portion was $15,000.00 and Retirement Savings Plan by the employer. Calculate the income tax on the non-eligible portion. O $1,000.00 O $2,000.00 O $5,000.00 O $7,500.00
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