Mr. A, a minimum wage earner sales agent, received the following from his employer for the year 2021: Co
Mr. A, a minimum wage earner sales agent, received the following from his employer for the year 2021: Co
Chapter3: Social Security Taxes
Section: Chapter Questions
Problem 8QR
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Question
Mr. A, a minimum wage earner sales agent, received the following from his employer for the year 2021:
Compensation Income P150,000; Overtime pay P10,000; 13th month pay P12,000; Commission from sales P300,000.
What is the amount of taxable Income?
Answer please!
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