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Part 1: 1. Based on the following TD1 Federal and Provincial claim amounts, determine the appropriate claim codes. (2 marks) a. $16,600 federal b. $21,350
Part 1: 1. Based on the following TD1 Federal and Provincial claim amounts, determine the appropriate claim codes. (2 marks) a. $16,600 federal b. $21,350 federal c. $22,890 provincial d. $36,373 provincial K 2. Given the following Net Taxable Income amounts & claim codes, determine the federal and/or provincial income tax deductions. (3 marks) a. $1,525.99 paid bi-weekly, Federal code 6 b. $3,525.46 paid semi-monthly, Federal code 2 c. $2,525.32 paid weekly, Provincial code 8
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