Determine finlay total income tax deduction for this pay

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Question - Finlay works for Crystal Lighting in Alberta. Finlay earns an annual salary of $58,200.00 and is paid on a bi-weekly basis. She receives a $70.00 car allowance each pay. Crystal Lighting pays 100% of the premiums for its employees' group term life insurance coverage. The premiums the company pays for Finlay's coverage are a non-cash taxable benefit of $29.00 per pay. Finlay is a member of the company's registered pension plan and contributes 3% of her salary to the plan every pay. Her federal and Alberta TD1 claim codes are 3. Determine Finlay's total income tax deduction for this pay period.

Reference no: EM132995170

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