The taxpayers are husband and wife  with the following data during the taxable year: 

Husband: 

Gross receipts from profession, net of 10% withholding tax   ,      P5,400,000 

Cost and expenses in the practice of profession,                           P  2,300,000 

Quarter income tax paid,                                                                       300,000 

 

Wife: 

Gross compensation income, net of all exclusions,                        P800,000 

Tax withheld,                                                                                   P120,000 

 

Income and expenses from Joint Business 

 

Income from business                                      P800,000 

Expenses                                                          P120,000 

Quarterly Tax withheld                                        80,000 

 

Required: Compute for the income tax of

1. Husband
2. Wife