Lesson 2: Personal Taxes - Calculating Voluntary Deductions Practice

Practice Makes Perfect

Download Practice Makes Perfect as a pdf file to print off, complete, and save in your Math 10-3 binder, or write the answers in a notebook specifically for Math 10-3 notes.

Complete the following question:


  1. Lindsay's gross pay is $2735.00 per month. She pays dental benefits of $132.67 per month, and has a work related RRSP deduction for $50.00 per month. What is Lindsay's annual net pay, after all deductions?

    Hint:
    Step 1: Calculate annual gross pay
    Step 2: Calculate mandatory deductions based on annual gross pay
    Step 3: Calculate annual voluntary deductions
    Step 4: Calculate annual net pay


Check your answers in the detailed solutions found here. Practice is important before you attempt the Chapter 1, Lesson 2 Assignment.



2014 © Alberta Distance Learning Centre