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At the end of the year (12/30/2021), Aisha decides to cash out her accumulated vacation pay of $2200 (no time taken). This will be in
At the end of the year (12/30/2021), Aisha decides to cash out her accumulated vacation pay of $2200 (no time taken). This will be in addition to her regular pay of $1300/week. To calculate the income tax on the vacation pay, the bonus method must be used. Aisha is in Alberta and her TD1 federal and provincial claim codes are code 3. Use 2021 rates and 52 pay periods. Using the Payroll Deductions Online Calculator (PDOC), answer questions 20-23. Determine Aisha's total CPP Contributions for the pay period (vacation and regular carvings). Answer: Determine Aisha's total El premium for the pay period. Answer Hide
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