Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gloria Black was new employee to ABC Business, she is a single parent living with her 17-year-old son---Mark, who studied fulltime (four months) this year.

image text in transcribed
image text in transcribed
Gloria Black was new employee to ABC Business, she is a single parent living with her 17-year-old son---Mark, who studied fulltime (four months) this year. Mark's tuition fees for 2018 are $2000. Mark is expected to earn $2000 in 2018 and will not use his tuition credit amounts when filing his personal income tax return (Gloria's Date of Birth: Aug, 1963, SIN#567 123 789 address: 123 Alpha Rd, Scarborough, ON MZW 3P6) Required: 1) Please fill out Gloria's TD1 Form using 2018 Federal TDi form with basic personal exemption amount: $11,809 All detailed calculations and short answer question should be answered on the back of the assignment paper. Diana works for Blair Tool in Toronto, Ontario. Her hourly rate is $30 per hour. She worked 90 hours for past two weeks she gets paid bi-weekly and she is eligible for 2 hours overtime. For public holiday calculation, her previous two Bi-weekly pay is 55000. She also received a gift cerficate $10. Please calculate the CPP, EI, ITX for her bi-weekly pay including Vacaction pay. Her Fed TDI is 22,908, ONT TD1 Is 15,354. Date First Gloria Black was new employee to ABC Business, she is a single parent living with her 17-year-old son---Mark, who studied fulltime (four months) this year. Mark's tuition fees for 2018 are $2000. Mark is expected to earn $2000 in 2018 and will not use his tuition credit amounts when filing his personal income tax return (Gloria's Date of Birth: Aug, 1963, SIN#567 123 789 address: 123 Alpha Rd, Scarborough, ON MZW 3P6) Required: 1) Please fill out Gloria's TD1 Form using 2018 Federal TDi form with basic personal exemption amount: $11,809 All detailed calculations and short answer question should be answered on the back of the assignment paper. Diana works for Blair Tool in Toronto, Ontario. Her hourly rate is $30 per hour. She worked 90 hours for past two weeks she gets paid bi-weekly and she is eligible for 2 hours overtime. For public holiday calculation, her previous two Bi-weekly pay is 55000. She also received a gift cerficate $10. Please calculate the CPP, EI, ITX for her bi-weekly pay including Vacaction pay. Her Fed TDI is 22,908, ONT TD1 Is 15,354. Date First

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Society Rituals Of Verification

Authors: Michael POWER

1st Edition

0198296037, 978-0198296034

More Books

Students also viewed these Accounting questions

Question

What is the FASBs conceptual framework?

Answered: 1 week ago

Question

Evaluate the importance of diversity in the workforce.

Answered: 1 week ago

Question

Identify the legal standards of the recruitment process.

Answered: 1 week ago