2nd job tax/cpp/ei question
So this Is really a question my sister has but she doesn't use this.
She has a full time, 9-5 job that pays 55k for one of the banks. They deduct taxes/ei/cpp.
She has started working part time for another company mainly out of the house. She is an employee not on contract, she received her first payment for December for 42 hours at 16/hour and they deducted ei/cpp and not taxes.
1 - how much should she be saving for taxes at year end approximately. Estimated she will be making 1500/gross per month.
2 - she said she reaches her max ei with the bank and thinks the same for cpp, can she tell the new company not to deduct these contributions or it is beneficial for her to do it? Will she get back the over contributions when she does her taxes?
She has a full time, 9-5 job that pays 55k for one of the banks. They deduct taxes/ei/cpp.
She has started working part time for another company mainly out of the house. She is an employee not on contract, she received her first payment for December for 42 hours at 16/hour and they deducted ei/cpp and not taxes.
1 - how much should she be saving for taxes at year end approximately. Estimated she will be making 1500/gross per month.
2 - she said she reaches her max ei with the bank and thinks the same for cpp, can she tell the new company not to deduct these contributions or it is beneficial for her to do it? Will she get back the over contributions when she does her taxes?