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Compute the taxable income for federal purposes

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Question - Danny Imasuen is a 37-year-old student working in Quebec. His wages for the current weekly pay period are $580.00. The employer pays $22.00 for life insurance premiums and $190.00 for group medical premiums per month. Personal tax exemption claimed is basic 1 for federal and basic B for Quebec. (Assume 52 weeks in year). Compute the taxable income for federal purposes?

a. 0

b. $585.08

c. $580.00

d. $628.92

Reference no: EM132833626

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