Question
Michelle is 17 years old and works for Maison Industries located in Aylmer, Quebec. She earns $28.98 per hour, works 40 hours per pay period
Michelle is 17 years old and works for Maison Industries located in Aylmer, Quebec. She earns $28.98 per hour, works 40 hours per pay period and is paid on a weekly basis. The company provides its employees with group term life insurance and pays 100% of the premiums for their coverage. The premiums the company pays for Michelle's coverage are a non-cash taxable benefit of $16.00 per pay. Michelle is a member of the company's Registered Pension Plan and contributes 4% of her regular pay period earnings to the plan every pay. She also pays $29.00 in union dues each pay. Her Quebec deduction code is B. Determine Michelle's provincial income tax deduction for this pay period for 2024.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started