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Tax Payer Name: Domenique R.

Padayao

Compensation Income 700,000


13 month ppay 30,000
Business Income 400,000
OSD 160,000
Dividend income within 80,000 88,888.89 8,888.89
Royanty Income 20,000 25,000.00 5,000.00

Compensation Income 700,000


Business Income 400,000
Total Income 1,000,000
Less: Business Expense -160,000
Net Taxable Income 940,000
Tax Due

1st 800,000 130,000


Excess 140,000 -30% 42,000
Total Tax Due 172,000
ctw -50,000
Income Tax Payable 122,000

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