ABC Company has an employee, Sue Nami, who has an estimated net income of $104,000 in 2022.
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ABC Company has an employee, Sue Nami, who has an estimated net income of $104,000 in 2022. Sue will be 53 years old in 2022. She is married and her infirm 48-year-old husband has a net income of $10,000. Sue studied part-time at Seneca College for 4 months and will pay tuition fees of $5000 in 2022. ABC Company follows a semi-monthly payroll schedule.
Required
What will be the federal and provincial tax withheld from Sue in each pay period in 2022?
Related Book For
Introduction To Federal Income Taxation In Canada
ISBN: 9781554965021
33rd Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
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