Sally and Robert jointly own a rental property. As at 30 June of the current income year they have determined the rental income from the property was $10,000. It is agreed between Sally and Robert that Sally should report the full amount of $10,000 in her tax return, as she has no other income. Is this permissible?

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The detailed answer for the above question is provided below This is permissible In the absence of a ... View the full answer