Question

Plz help its taxes!!! just questions not real lol

Answer 1

pay: 32,000*12 ( since its per month) =384,000

income tax: 384,000*0.45 = 172,800

EI: 384,000*0.0173=6,643.20

CPP: 384,000*0.0495=19,008

Yearly Pay will be 384,000-172,800-6,643.20-19,008= $185,584.80

Weekly pay (paycheck) = 42320.91/52 = $ 3,568.25

Explanation: