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Compute the gross income subject to progressive tax

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Question - Corazon resigned in 2015 after 12 years of service. She had the following income during the year:

Salary, net of P80,000 withholding tax, P20,000 SSS, P18,000 PhilHealth and P40,000 13th month pay P480,000 Separation pay 1,000,000

Required - Compute the gross income subject to progressive (regular) tax.

Reference no: EM132522994

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