Calculate the income taxes on the retroactive amount

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Question - Maria works for Palm Packaging in Alberta and receives a regular salary of $1,100.00 semi-monthly. She has received an increase of 7% that was effective 3 pay periods prior. The current semi-monthly payroll has already been processed based on Maria's new pay period earnings; the retroactive amount will be paid on a separate cheque. Maria's pay period earnings are the same as her net taxable income. Her federal and provincial TD1 claims codes are 1. Calculate the income taxes on the retroactive amount.

Reference no: EM133080854

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