Question: Mrs A , a single mum with two children, would like you to assist her to prepare her tax return for the 30 June 2021

Mrs A, a single mum with two children, would like you to assist her to prepare her tax return for the 30 June 2021 tax year.

She has presented you with the following list of items.

Payment summary from Company B - 80224

Payment Summary for casual work from Company C - 50413

Payment for attending a casual work conference - 9357

Reimbursement for expenses at the casual work conference - 2000

State lottery winnings - 1000

Net capital gain on shares sold during the year - 6114

Dividends received - 6615

Compensation for loss of wages due to an injury at her casual job 1000

Interest from a bank term deposit - 1000

Money from selling eggs that her chickens laid to her friends - 500

General work deductions - 10000

Deductions that are not allowed for tax purposes - 5000

She had private insurance from 1 January 2021 and a HELP debt of $20,000.

How much is her taxable income?

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