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The following appeared in the BIR Form 2316 of Nicanor, a purely compensation income earner: Basic salary 13th month pay Productivity incentives bonus SSS

The following appeared in the BIR Form 2316 of Nicanor, a purely compensation income earner: Basic salary 13th month pay Productivity incentives bonus SSS employee contribution PhilHealth contribution Commission (from the same company) The total taxable income of Nicanor is? Php 600,000.00 50,000.00 40,000.00 10,000.00 10,000.00 400,000.00

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