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Calculate her federal income tax for the year

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Question - Aishah's gross pay was $115,000 in 2015. Each month she had $150.00 for union fees and $125.00 for a company pension deducted from her pay-cheque. Calculate her federal income tax for the year.

STEP 1: Calculate their yearly deductions.

STEP 2: Calculate their annual taxable income.

STEP 3: Calculate their total federal income tax using 2015 federal tax rates (on your formula sheet). Hint: her taxable income involves the first 3 tax brackets.

Reference no: EM133120763

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