During an audit of his income tax return, Selwyn Vasic was found to have omitted $10000 of
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Question:
During an audit of his income tax return, Selwyn Vasic was found to have omitted $10000 of assessable income.
The tax return originally lodged by Selwyn disclosed taxable income of $125000. Selwyn has adequate private health insurance.For this question, please use 2021/2022 year, including applying a LAMITO of up to $1,500.
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