Steve Jobs has employment income $150,000 for 2021. He is single and lives alone. Steve's employer withheld EI and CPP c

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answerhappygod
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Steve Jobs has employment income $150,000 for 2021. He is single and lives alone. Steve's employer withheld EI and CPP c

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Steve Jobs has employment income $150,000 for 2021. He is singleand lives alone. Steve's employer withheld EI and CPP contributionsof $4,056 (includes CPP enhanced contributions of $290) and incometax.
Determine Steve's federal tax payable for 2021 under each of thefollowing assumptions:
a.) He has net income and taxable income of $150,000.
b.) He has net income and taxable income of $192,000.
c.) He has net income and taxable income of $232,000.
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