Determine Dianne's provincial income tax deduction per pay period. Your answer:

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter4: Income Exclusions
Section: Chapter Questions
Problem 47P
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Dianne works for a company located in Pierrefonds, Québec. She earns an
annual salary of $53,274.00 and is paid on a semi-monthly basis. Her
company pays 100% of the premiums for its employees' group term life
insurance coverage. The premiums the company pays for Dianne's
coverage are a non-cash taxable benefit of $32.00 per pay. Dianne
participates in the company's group Registered Retirement Savings Plan
and contributes 5% of her salary to the plan every pay. She also pays
$28.00 in union dues each pay. Her Québec deduction code is C.
Determine Dianne's provincial income tax deduction per pay period.
Your answer:
Transcribed Image Text:Dianne works for a company located in Pierrefonds, Québec. She earns an annual salary of $53,274.00 and is paid on a semi-monthly basis. Her company pays 100% of the premiums for its employees' group term life insurance coverage. The premiums the company pays for Dianne's coverage are a non-cash taxable benefit of $32.00 per pay. Dianne participates in the company's group Registered Retirement Savings Plan and contributes 5% of her salary to the plan every pay. She also pays $28.00 in union dues each pay. Her Québec deduction code is C. Determine Dianne's provincial income tax deduction per pay period. Your answer:
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