Question
In 2022, an individual received a salary of $65,000. Deducted from the salary were income taxes of $12,000, the maximum Canada pension plan (CPP) and
In 2022, an individual received a salary of $65,000. Deducted from the salary were income taxes of $12,000, the maximum Canada pension plan (CPP) and employment insurance (EI) contributions of $4,453 of which $461 was the enhanced CPP contribution, and charitable donations of $600. What would be the individuals total federal tax in 2022?
Multiple Choice
$7,565
$7,590
$7,496
$7,711
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
