Compute the gross income, gross taxable income, annual income tax, and net income ( less tax )
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Compute the gross income, gross taxable income, annual income tax, and net income less tax given the following problems using the two income tax schedules, prior to and after
Mr Kiel is an employee working for Ms Cruz, his employer. He is the head of the family with qualified dependents. Mr Kiel earns a monthly salary equivalent to
P
Mr Corona is a single dad with children and works as a Vice president of a food corporation. Mr Corona earns P per month.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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