Lisa Chiu is a 17-year-old student working part-time in British Columbia. Her wages for the current biweekly pay period are $450.00 and the employer pays $22.00 per month for life insurance premiums. Personal tax exemption claimed is basic, claim code 1, for federal and provincial purposes. (Assume 52 weeks in a year)

Gross taxable income is:

Multiple Choice

• $460.15

• 0

• $461.00

• $450.00

Answer rating: 100% (QA)

461 Calculation of G... View the full answer