Question: Please help me !! Note: Tax for Canada !! F earned $130,000 of employment income in the current year. His employer withheld CPP and EI
Please help me !! Note: Tax for Canada !!
F earned $130,000 of employment income in the current year. His employer withheld CPP and EI premiums of $4,453 as well as income tax. Fs marital status is single. What is Fs federal tax payable for the current year (2022)? [Assume enhanced CPP contributions total $461 for purposes of the net income calculation].
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