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In the following scenario determine the employee gross pensionable taxable Income, gross insurable earnings and...

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Accounting

In the following scenario determine the employee gross pensionable taxable Income, gross insurable earnings and net taxable income.
Jerome is a Quebec employee earning $25.70 per hour paid on bi-weekly basis. In this pay period Jerome worked 80 regular hours and 10 overtime hours. The overtime is paid at 1.5 times his regular rate. Jerome's TD1 claim code is 2 and his TP-1015.3-V deduction code is B.(2024)

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