Kylie is employed as a skipper with Blue Dolphin Explorer Cruises. During the 2018 income year...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Kylie is employed as a skipper with Blue Dolphin Explorer Cruises. During the 2018 income year Kylie incurred the following expenses in relation to her work as an employee of Blue Dolphin Explorer (note that Kylie incurs similar expenditure every year as the clothing, boots and sunglasses constantly need replacing): ▪ 5 pairs of plain blue work shorts @ $35 each $175 2 pairs of steel-capped safety work boots @ $70 each $140 6 Blue Dolphin Explorer polo shirts (registered design) @ $30 each $180 Sunscreen (estimated 60% relates to work) $100 Sunglasses (only used at work) $40 Mobile phone calls (estimated 35% related to work. Phone bill dated 29 June 2018 was paid on 17 July 2018) $330 Daily cappuccinos (these keep Kylie alert) $960 ■ Parking fines for parking illegally at the port where the boat leaves $1,200 I I I Are these work related expenses incurred by Kylie deductible under section 8-1 of the ITAA97 for the 2018 year? Kylie is employed as a skipper with Blue Dolphin Explorer Cruises. During the 2018 income year Kylie incurred the following expenses in relation to her work as an employee of Blue Dolphin Explorer (note that Kylie incurs similar expenditure every year as the clothing, boots and sunglasses constantly need replacing): ▪ 5 pairs of plain blue work shorts @ $35 each $175 2 pairs of steel-capped safety work boots @ $70 each $140 6 Blue Dolphin Explorer polo shirts (registered design) @ $30 each $180 Sunscreen (estimated 60% relates to work) $100 Sunglasses (only used at work) $40 Mobile phone calls (estimated 35% related to work. Phone bill dated 29 June 2018 was paid on 17 July 2018) $330 Daily cappuccinos (these keep Kylie alert) $960 ■ Parking fines for parking illegally at the port where the boat leaves $1,200 I I I Are these work related expenses incurred by Kylie deductible under section 8-1 of the ITAA97 for the 2018 year?
Expert Answer:
Answer rating: 100% (QA)
Kylie can claim a deduction for the 5 pairs of plain blue work shorts 2 pairs of steelcapped safet... View the full answer
Related Book For
Federal Taxation 2019 Individuals
ISBN: 9780134739670
32nd edition
Authors: Timothy J. Rupert, Kenneth E. Anderson
Posted Date:
Students also viewed these accounting questions
-
In 2017, Micah Johnson (SSN 000-22-1111) is employed as a manager and incurs the following unreimbursed employee business expenses: Johnson receives a $7,800 reimbursement for the travel expenses. He...
-
In 2016, Micah Johnson (SSN 000-22-1111) is employed as a manager and incurs the following unreimbursed employee business expenses: Airplane and taxi fares ..$ 4,000 Lodging away from home ...5,000...
-
John Marshall is employed as a bank loan officer for First State Bank. He is comparing two companies that have applied for loans, and he wants your help in evaluating those companies. The two...
-
Write a method leve1Order() that prints BST keys in level order: first print the root; then the nodes one level below the root, left to right; then the nodes two levels below the root (left to...
-
Heres a story economists tell each other: A Nobel Prizewinning economist flew to New York City for a conference. He got into a cab, and started talking with the cab driver. The cab driver said, Oh,...
-
Using the method of joints, determine the force in each member of the truss shown. State whether each member is in tension or compression. 0.75m 0.4 m 1.4 m ITI 2.8 kN
-
Debate the usefulness or otherwise of personal references when appraising salespeople for a specific position.
-
Scheer Companys standard labor cost of producing one unit of Product DD is 4 hours at the rate of $12.00 per hour. During August, 40,800 hours of labor are incurred at a cost of $12.10 per hour to...
-
The answer should demonstrate your ability to analyze the facts in the question, to tell the difference between material facts and immaterial facts, and to discern the points of law and facts upon...
-
Jocame Inc. began business on January 2, 20Y7. Salaries were paid to employees on the last day of each month, and social security tax, Medicare tax, and federal income tax were withheld in the...
-
Two identical cones of height 2 and base circle radius 2 are glued together at their bases, and a cylindrical section of radius 1 is cut out along the axis of the resulting object. what is the volume...
-
1. For deciding whether an action is moral, the theory of absolute duties (in Kant) involves a test. Briefly explain, by example or in general, what the test involves, and what it is meant to show...
-
BE8.9 (LO 3), AN Presented below are data on three promissory notes. Determine the missing amounts. Date of Note Terms Maturity Date Principal Annual Interest Rate Total Interest a. April 1 60 days ?...
-
Edmonton Drone Co. (EDC) began operations on January 1, 2022 (last year) by selling drones through electronic retail stores. All drones come with a four-year warranty covering parts and labor. For...
-
Copy of vendor invoice #332 for $70,000 received on April 11 showing terms of net 3/15\ Payment Voucher with the vendor name, the amount due, and terms with management approval\ Copy of the...
-
The golden mean develops our skill of practical wisdom that helps us become better at ascertaining the balance between two extremes. What three terms make up Aristotle's concept of the golden mean?
-
The Payroll group with a total staff of 4 handles payroll for 25,000 employees. Each payroll employee earns $50,000 per year for working 40 hours/week (a normal work week, assume no vacation). 60...
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
Mr. Cougar Owns 1,000 shares of Western Corporation common stock, which it purchased on March 8, 2011, for $12,000. On October 3, 2018, Cougar purchases an additional 300 shares for $3,000. On...
-
Heather and Nikolay Laubert are married and file a joint income tax return. Their address is 3847 Jackdaw Path, Madison, WI 58493. Nikolay's Social Security number is 000-00-1111, and Heather's is...
-
Mr. Briggs purchased an apartment complex on January 10, 2016, for $2 million with 10% of the price allocated to land. He sells the complex on October 22, 2018, for $2.5 million. Assume that 10%, of...
-
Is leadership synonymous with management, or is leading just one of the many things that a manager does? In what ways are they the same or different?
-
Discuss the results of the Ohio State studies in terms of their significant impact on leadership research.
-
Explain Blake and Moutons Leadership Grid in relationship to previous leadership research.
Study smarter with the SolutionInn App