Hi,

Can u please explain me how to determine the followings:

Company has 2 employees on their payroll.Their personal information is as follows:

Employee #1 Yvonne Forth, 40 years old

Annual Salary $80,000

Married with a 10-year-old son

Studied part-time at Humber College for 2 months, and paid tuition fees of $1,500.

Spouse, Emma has $65,000 income

Employee #2 Andrew Hoover, 45 years old

Annual Salary $70,000

Single

Studied full-time at University of Ottawa for 4 months, paid tuition fees of $4,500

Andrew's 75-year-old father lives with him.His father qualifies for disability tax credit and has no income.

Requireduse the 2019 Ontario Payroll Deduction

Assume:

1. Both employees have been employed since January 1, 2019.
2. Pay periodSemi-monthly (for example Jan. 2019 is paid on Jan.15, 2019 & Jan.31 2019).

Section A:

Determine the Federal and Provincial claim codes for income tax deduction purposes for each employee based on the above information.

Section B:

Calculate and prepare the following, for April 2019

1)Gross pay, CPP deduction, EI deduction, Federal Taxes, Ontario Taxes for EACH employee

2)Payroll Journals for the Company;

3)Payroll tax deductions (Company & employee) that will be payable to the CRA by May. 15, 2019

Journal Entry to record the payroll tax payment to CRA on May 15, 2019.