Rogue Morientes, aged 61, received a superannuation lump sum of $385,420 from his superannuation fund upon retirement
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Question:
Rogue Morientes, aged 61, received a superannuation lump sum of $385,420 from his superannuation fund upon retirement on 8 January 2022. The lump sum was comprised entirely of an element taxed in the fund. Rogue also received gross wages of $72,730 upto the date of his retirement.
Calculate Rogue's taxable income for the 2O21/22 tax year.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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