Name: ____________________________________ Score: _______

Date: ____________________________________

Performance Task 1 (20 points)

Ms. You is a professor in a university. Suppose she received the following salaries and benefits within
the year.
Annual Basic Salary 312,000
th
13 month pay and bonus 62,000
Chalk Allowance 5,000
Clothing Allowance 6,000
Summarize the computation of the taxable and non-taxable income and benefits of Ms. You using the
same table in What I Can Do section on your module. Refer (Module 13.1 Benefits of a wage Earner).
Use the space below for your answer.