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th Genix, a private sector organization located in Alberta pays members of their board of...

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th Genix, a private sector organization located in Alberta pays members of their board of directors $8,550.00 on a quarterly basis. The directors are not employees of the company; all have claimed the basic amount, claim code 1, on their TD1 federal and provincial forms. Use this information to answer questions 24-28. Use 2020 rates. What is the CPP contribution amount? Answer. What is the El premium amount? Answer: Determine the federal income tax for this payment ($8550). Answer: Determine the provincial income tax for this payment ($8550). Answer: Determine the net pay

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