Gross Reportable Compensation Problem 4-8 The employee reported a net take home pay of P180,000. The amount is net of P30,000 withholding income tax and P1,000 SSS. The amount is inclusive of P5,000, covering a 10-day vacation leave actually availed and P10,000 13th month pay. His gross reportable compensation income is a. P200,000 c. P190,000 b. P195,000 d. P165,000 Problem 4-9 Gross Taxable Compensation Marilou Badol has earned the following income in 200A: Salary as a professor, net of withholding tax of P50,000 Professional fee as CPA, net of 10% CWT Per diem as a board of director Thirteenth month pay First prize in essay writing contest Sale of house and lot (capital asset) P370,000 270,000 200,000 35,000 50,000 500,000 What is the amount of gross taxable compensation income subject to normal tax? a. P420,000 c. P620,000 b. P425,000 d. P625,000