Using the 2021-2022 tax tables as referenced in the course, calculate Lisa's (age 25 and single) tax

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Using the 2021-2022 tax tables as referenced in the course, calculate Lisa's (age 25 and single) tax payable to the nearest dollar, including Medicare levy, surcharge, and tax offsets. She has a $33,000 salary and she has $8,000 net capital gains before discount. The disposed asset was held for 19 months. She also has allowable deductions of $1,300. She is not eligible for the pensioner offset and does not have private health insurance.

Select one:
a.$285
b.$3084
c.$3325
d.$3339
e.None of the above

Posted Date: Dec 05, 2021 10:54 AM

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Using the 2021-2022 tax tables as referenced in the course, calculate Lisa's (age 25 and single) tax

Question:

Expert Answer:

Answer d3339 Her taxable income is 33000 8000 41000 Her t... View the full answer

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