Sena works for S Jay Inc. in Alberta. He earns $36,400.00 per year and is paid biweekly.
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Sena works for S Jay Inc. in Alberta. He earns $36,400.00 per year and is paid bi‐weekly. His federal and provincial claim codes from his TD1 on file are 3. In March 2014, Sena receives a production bonus for meeting all targets in 2013. His production bonus is $5,200.00 and is paid separately from his regular pay. Calculate the income tax on Sena's bonus payment.
Related Book For
Core concepts of accounting information systems
ISBN: 978-1118742938
13th edition
Authors: Jacob M. Rose, Mark G. Simkin, Carolyn Strand Norman
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