Current Year Annual Payroll Information for one Canadian Employee for the current year. ...
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| Current Year Annual Payroll Information for one Canadian Employee for the current year. | Semi-Monthly Payrolls |
| Annual Salary | 48,000.00 |
| Married Status | Single |
| Children under 16 that are legally Infirm | 1 |
| Other Dependents | Lives with Father, whose income this year was $10,000 |
| Eligible Post-Secondary Tuition | 6,000 |
| Private Pension Income | 2,000 |
| Qualify for Disability and Infirmity | No |
| Fedral Claim Code | 2 |
| Ontario Claim Code | 2 |
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Please calculate this employee's maximum CPP for this entire year. (hint, don't forget to subtract the annual exemption of $3,500); to the nearest dollar amount.
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