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Calculated in the net employment income

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Point 1. In 2018, Mr. North's salary was $170,000, none of which involved commissions. Federal income tax of $42,000 was withheld. Furthermore, he was awarded a year-end bonus of $25,000, payable in 2019.

Point 2. Mr. North and his employer each contributed $4,800 to a defined benefit registered pension plan.

Question 1: How would these two steps be calculated in the net employment income for 2018?

Reference no: EM132472300

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