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Joe, an employee, for this year, provides you his Total, End of this year Employment Earnings and Deductions: Salary $100,000 Deductions: CPP $3,500 EI Maximum,
Joe, an employee, for this year, provides you his Total, End of this year Employment Earnings and Deductions:
Salary | $100,000 |
Deductions: |
|
CPP | $3,500 |
EI | Maximum, please look up on Payroll tables notes, as reviewed in class. |
Income Tax | $40,000 |
Union Dues | $2,000 |
Assuming Joe is the Company ABC's ONLY employee for the entire year, this year, What is the amount in BOX 80, with regards to completing this year's T4 SUMMARY Form for CRA?
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