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What is gross taxable income for lisa chiu

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Lisa Chiu is a 17-year-old student working part-time in British Columbia. Her wages for the current biweekly pay period are $450.00 and the employer pays $22.00 per month for life insurance premiums. Personal tax exemption claimed is basic, claim code 1, for federal and provincial purposes. (Assume 52 weeks in year)

Problem 1: Gross taxable income is:

Multiple Choice

Option 1: 0

Option 2: $450.00

Option 3: $460.15

Option 4: 461.00

Reference no: EM132794771

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