1. Mr. Jose, married with 5 qualified dependent children, had the following data for the current taxable year: Outside P 280,000 60,000 100,000 Income from employment Honoraria Allowances Commission income Required: Compute the gross taxable income if the taxpayer is: 1. Resident citizen 2. Non-resident citizen 3. Resident alien 4. NRA-ETB 5. NRA-NETB 6. SA Within P 510,000 210,000 240,000 90,000 40,000
1. Mr. Jose, married with 5 qualified dependent children, had the following data for the current taxable year: Outside P 280,000 60,000 100,000 Income from employment Honoraria Allowances Commission income Required: Compute the gross taxable income if the taxpayer is: 1. Resident citizen 2. Non-resident citizen 3. Resident alien 4. NRA-ETB 5. NRA-NETB 6. SA Within P 510,000 210,000 240,000 90,000 40,000
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 5BCRQ
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Question
Income Taxation in Philippines:
Answer numbers 1, 2, and 3
Transcribed Image Text:1. Mr. Jose, married with 5 qualified dependent children, had the following data for the current taxable year:
Outside
P 280,000
60,000
100,000
Income from employment
Honoraria
Allowances
Commission income
Required: Compute the gross taxable income if the taxpayer is:
1. Resident citizen
2. Non-resident citizen
3. Resident alien
4. NRA-ETB
5. NRA-NETB
6. SA
Within
P 510,000
210,000
240,000
90,000
40,000
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