Question: Show me the steps to solve Stan Eckhardt, aged 5 9 , received a superannuation lump sum of $ 3 1 0 , 0 0

Show me the steps to solve Stan Eckhardt, aged 59, received a superannuation lump sum of $310,000 from his
superannuation fund upon retirement on 15 April 2024. PAYG tax of $23,170 was withheld from
the lump sum. The lump sum comprised entirely of an element taxed in the fund.
Stan also received gross wages of $85,000 up to the date of his retirement. PAYG tax of
$22,110 was withheld from Stans wages. Stan has adequate private health insurance. calculate lumpsum tax offset as per ATO law

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