Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $49,500, paid biweekly, and a garnishment for consumer credit of $475. Assuming that her disposable income is 80 percent of her gross pay per period, does the garnishment follow the CCPA? If not, what is the maximum garnishment allowed for Geraldine's consumer credit garnishment? (Round your intermediate calculations and final answer to 2 decimal places.) Does the garnishment follows the CCPA? Maximum garnishment allowed

Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $49,500, paid biweekly, and a garnishment for consumer credit of $475. Assuming that her disposable income is 80 percent of her gross pay per period, does the garnishment follow the CCPA? If not, what is the maximum garnishment allowed for Geraldine's consumer credit garnishment? (Round your intermediate calculations and final answer to 2 decimal places.) Does the garnishment follows the CCPA? Maximum garnishment allowed

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter6: Business Expenses

Section: Chapter Questions

Problem 56P

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