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Fearned $120,000 of employment income in the current year. His employer withheld CPP and El premiums of $3,069 as well as income tax. F's marital status is single. What is F's federal tax payable for the current year? $ 120,000 Solution The answer is $20,888. Fearned $120,000 of employment income in the current year. His employer withheld CPP and El premiums of $3,069 as well as income tax. F's marital status is single. What is F's federal tax payable for the current year? $ 120,000 Solution The answer is $20,888