Karen, aged 62, has $810,000 in superannuation, and has been retired for the full financial year. She

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Karen, aged 62, has $810,000 in superannuation, and has been retired for the full financial year. She sells an investment property with an assessable capital gain of $160,000 (after the capital gains tax 50% discount).

How much can Karen concessionally contribute this financial year without breaching her concessional contributions cap?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Mar 21, 2024 12:11 PM

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Karen, aged 62, has $810,000 in superannuation, and has been retired for the full financial year. She

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Income Tax Fundamentals 2013

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