Mama Mia, an OFW working in USA, is married to Papa Pio, who used to work...
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Mama Mia, an OFW working in USA, is married to Papa Pio, who used to work in Barcelona but returned to the Philippines after finishing his master's degree in 2015. For the year 2020, Ely had the following information: Gross compensation income 3,500,000 SSS, Pagibig, and Philhealth contribution 82,000 Union dues 60,000 Rice allowance 24,000 Laundry allowance 3,600 Employee cash achievement award 10,000 Christmas bonus 150,000 productivity bonus 10,000 Medical cash allowance to dependents 3,000 All other benefits were included in the Gross Compensation Income. How much is Ely's taxable income? a. 3,411,000 b. 3,381,000 c. 3,222,400 d. none of the choices 9:19 AM Mama Mia, an OFW working in USA, is married to Papa Pio, who used to work in Barcelona but returned to the Philippines after finishing his master's degree in 2015. For the year 2020, Ely had the following information: Gross compensation income 3,500,000 SSS, Pagibig, and Philhealth contribution 82,000 Union dues 60,000 Rice allowance 24,000 Laundry allowance 3,600 Employee cash achievement award 10,000 Christmas bonus 150,000 productivity bonus 10,000 Medical cash allowance to dependents 3,000 All other benefits were included in the Gross Compensation Income. How much is Ely's taxable income? a. 3,411,000 b. 3,381,000 c. 3,222,400 d. none of the choices 9:19 AM
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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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