Sh50 Marie works for a company located in Pierrefonds, Québec. She earns an annual salary of $53,274.00 and is paid on a weekly basis. Her company pays100% of the premiums for its employees' group term life insurance coverage. The premiums the company pays for Marie's coverage are a non-cash taxablebenefit of $34.00 per pay. Marie participates in the company's group Registered Retirement Savings Plan and contributes 5% of her salary to the plan everypay. She also pays $37.00 in union dues each pay. Her federal claim code is 1.Determine Marie's federal income tax deduction per pay period.Your answer:PreviousNextMarkReview Screen

Tax Deduction - Tax deductions, which are frequently the result of costs, particularly those…

Marie works for a company located in Pierrefonds, Québec. She earns an annual salary 100% of the premiums for its employees' group term life insurance coverage. The premi benefit of $34.00 per pay. Marie participates in the company's group Registered Retirem pay. She also pays $37.00 in union dues each pay. Her federal claim code is 1. Determine Marie's federal income tax deduction per pay period. Your answer: Previous Next Mark

Marie works for a company located in Pierrefonds, Québec. She earns an annual salary 100% of the premiums for its employees' group term life insurance coverage. The premi benefit of $34.00 per pay. Marie participates in the company's group Registered Retirem pay. She also pays $37.00 in union dues each pay. Her federal claim code is 1. Determine Marie's federal income tax deduction per pay period. Your answer: Previous Next Mark

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter4: Income Exclusions

Section: Chapter Questions

Problem 38P

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