Question
Mary works for ABC Inc. in Alberta where she is paid on a biweekly basis. Her regular biweekly pay is $3,900, The pay day for
Mary works for ABC Inc. in Alberta where she is paid on a biweekly basis. Her regular biweekly pay is $3,900, The pay day for this pay cycle is August 26, 2022 . Mary's TD1 federal and provincial are claim code 1. She gets a cash monthly car allowance of $300. Mary receives a group life insurance benefit of $45 per pay period, pays $820 of union dues per year, and contributes 4% of her biweekly regular pay to her RRSP every pay period. She will also be receiving a $150 safety shoe allowance this pay period. Assuming Mary will not reach the CPP, and Employment Insurance annual maximums for this pay period, and that her employer has an agreement with CRA to reduce their EI deduction factor to 1.22, match her pay-cheque components with the values from the dropdown menu on the right. Use the PDOC calculator to calculate the federal & provincial income taxes. Round all amounts to 2 decimal places. Gross Taxable Earnings Answer 1 Choose... Gross Earnings Answer 2 Choose... Net Taxable Earnings Answer 3 Choose... EI Premium per pay period Answer 4 Choose... Employer's contribution to EI for the pay period Answer 5 Choose... CPP contribution per pay period Answer 6 Choose... Total Provincial Tax per pay period Answer 7 Choose... Total Deductions Answer 8 Choose... Net Pay Answer 9 Choose... Total Insurable Earnings Answer 10 Choose... Total CPP Contributory Earnings Answer 11 Choose... Total Federal Income tax per pay period Answer 12 Choose...
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