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Question: pcl - 4 - 1 - fCorinne works for Priority Packaging in Alberta and is paid $ 2 , 2 3 5 . 4

Question: pcl-4-1-fCorinne works for Priority Packaging in Alberta and is paid $2,235.42 semi-monthly. She contributes 3% of her gross earnings to a Registered Retirement Savings Plan each pay. Corinne pays $24.00 semi-monthly for union dues and receives a group term life insurance non-cash taxable benefit of $29.00 each pay, paid 100% by her employer. Her federal and provincial TD1 claim codes are 2 and she will not reach the annual maximums for the first Canada Pension Plan or Employment Insurance with this payment. Calculate Corinne's net pay. An image of the net pay template has been provided as a guide. Please enter the answer for each step listed on the right.Points possible: 0Check AnswerQuestion 2Step 1-Calculate Corinne's gross taxable earnings (GTE) for this pay period.Points possible: 1Check AnswerQuestion 3Step 2-Calculate the pensionable earnings (PE)Points possible: 1Check AnswerQuestion 4Step 3-Calculate the insurable earning (IE)Points possible: 1Check AnswerQuestion 5Step 4-Calculate the net taxable income (CRA)Points possible: 1Check AnswerQuestion 6Step 5-Calculate the net taxable income (RQ)Points possible: 1Check AnswerQuestion 7Step 6-Calculate Corinne's Canada Pension Plan contribution.Points possible: 1Check AnswerQuestion 8Step 7-Calculate Corinne's Employment Insurance premium.Points possible: 1Check AnswerQuestion 9Step 8-Calculate Corinne's Quebec Parental Insurance Plan premium.Points possible: 1Check AnswerQuestion 10Step 9-Determine Corinne's federal income tax.Points possible: 1Check AnswerQuestion 11Step 10-Determine Corinne's provincial income tax.Points possible: 1Check AnswerQuestion 12Step 11-Calculate Corinne's total deductions (statutory + other).Points possible: 1Check AnswerQuestion 13Step 12-Calculate Corinne's net pay.Points possible: 1Check AnswerSkip to navigation

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