A minimum wage earner, who is not engaged in business nor has any other source of income
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Question:
The taxpayer contributed and paid the following contributions:
Social Security System - PhP 511.00
Social Security System Loan - PhP 350.00
PhilHealth Contribution - PhP 125.00
Pag-IBIG Contribution - PhP 100.00
Pag-IBIG MP1 Additional Contribution - PhP 100.00
The minimum wage earner also received 13th month pay of PhP11,000.00.
What is the total income tax due?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: