Question: Step 1 : Gross earnings. Step 2 and 3 : No answer required. Step 4 : CRA / Federal Net Taxable Income Step 5 :

Step 1: Gross earnings.
Step 2 and 3: No answer required.
Step 4: CRA/Federal Net Taxable Income
Step 5: Quebec/Provincial Net Taxable Income
Step 6: Calculate Qubec Pension Plan (QPP) contributions.
Step 7: Calculate employment Insurance (EI) premiums
Step 8: Calculate Qubec Parental Insurance Plan (QPIP) premiums. Step 7: Calculate employment Insurance (EI) premiums
Step 8: Calculate Qubec Parental Insurance Plan (QPIP) premiums.
Step 9: Federal Tax:
Step 10: Provincial Tax:
Step 11: Calculate Total Deductions
Step 12: Calculate net payQuestion 21
12 pts
Robert Descharmes works for Westmount Seniors Drop-In in Quebec and is paid
$26.50 per hour.
In this bi-weekly pay period he worked 75 hours of straight time, 5 hours of overtime at
time and one half of his regular pay rate (x1.5) and 4 hours at double his regular pay
rate (x2 as per the company policy).
Robert pays $20.00 per pay in union dues.
His federal TD1 claim code is 1 and his provincial TP-1015.3-V deduction code is A.
He will not reach the first Quebec Pension Plan, Employment Insurance or Quebec
Parental Insurance Plan annual maximums this pay period.
Calculate Robert's net pay.
 Step 1: Gross earnings. Step 2 and 3: No answer required.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!