Answer to Q$-12\mathrm{.}7($Tax losses, partner in partnership$)$

Note$-$Please show all workings where necessary and you may use additional space below

Please write your workings$/$explanations and answers in Blue cells

$20$xo$/>$x $-$ Please enter the financial year according to your textbook

Additional Workings $($if anv$)$prepare tax documentation for individuals edition $18$ solution to question $12\mathrm{.}7$QUESTION $12\mathrm{.}7($Tax losses, partner in partnership$)$

The following data relates to Stephanie Garner, a resident taxpayer.

stephanie derives income from a public relations business and is also a

partner in a marketing business.

General business deductions are separate from personal superannuation,

gifts, partnership losses and losses of previous years.

For each year, determine Stephanie's Taxable Income and any losses

that may be carried forward.