What is TAXABLE INCOME in the eyes of an EMPLOYEE - Facebook.com/Kataxpayer

Taxable Income in the eyes of an Employee
facebook.com/EmelinoTMaestro

Employee's taxable income is the difference between the gross compensation he received from his employer less his personal exemption (50k), additional exemption (max 100k for 4 kids), health premium (max 2.4k), SSS contribution, PHIC contribution, HDMF contribution, union due, de minimis, and 13th month pay & other incentives not exceeding the current threshold.

All CPA-board takers, who are willing to undergo comprehensive trainings to be either a TAXNOCRAT or TAXNICIAN, are invited to log their names, mobile number and email address in the space call 'Write a comment...' of the above facebook account.