Maria is 35 years old. She is single with no dependents.

In the 2020-2021 income year, Maria does not have any private patient hospital cover.

Maria's taxable income for the 2020-2021 income year is $90,000.

When Maria completes her 2020-2021 income tax return, she also completes the income test section and declares total reportable fringe benefits of $27,000.

Maria'sincome for Medicare Levy Surcharge purposes is $117,000 (i.e.$90,000 taxable income and $27,000 total reportable fringe benefits).

Please calculate Maria's Medicare Levy Surcharge for the 2020-2021 income year.

Answer rating: 100% (QA)

To calculate Marias Medicare Levy Surcharge MLS for the 20202021 income year we need to determi... View the full answer