Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

payroll compliance check 2020 Alberta provincial and federal tax deductible table with calim code 2 3) Net Pay Calculations (6 points) Franklin Stores, located in

payroll compliance check 2020 Alberta provincial and federal tax deductible table with calim code 2

image text in transcribed
3) Net Pay Calculations (6 points) Franklin Stores, located in Alberta, has both salaried and hourly paid employees, who are paid on bi-weekly basis. Linda Michaud earns $18.00 per hour and works 80 hours per pay period. Linda's claim codes on her federal and Alberta TDI are 2. Calculate Linda's net pay. (Take CPP (2020)- 5.25%; EI (2020)- 1.58% and go to CRA website and take 2020 deduction table for Alberta ( for federal & Provincial tax). Don't forget! It is code 2 for both Federal & Provincial tax

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Taxation Of Individuals And Business Entities 2015

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

6th Edition

978-1259206955, 1259206955, 77862368, 978-0077862367

Students also viewed these Accounting questions