Joe,an employee,for this year,provides you his Total,End of this year Employment Earnings and Deductions:

Salary	$100,000
Deductions:
CPP	$3,500
EI	Maximum,please look up on Payroll tables notes,as reviewed in class.
Income Tax	$40,000
Union Dues	$2,000

Assuming Joe is the Company ABC'sONLY employeefor the entire year,this year, What isthe amount inBOX 80,with regards to completing this year'sT4 SUMMARY Form for CRA?

Answer rating: 100% (QA)

To calculate the amount in Box 80 Other information we need to determine th... View the full answer