A non-resident taxpayer has assessable income of $90,000 and allowable deductions of $15,000. The taxpayer...

60.1K

Verified Solution

Question

Accounting

A non-resident taxpayer has assessable income of $90,000 and allowable deductions of $15,000. The taxpayer has no spouse or dependents and has full private health insurance. The taxpayer's primary income tax payable assuming no other transactions is:

Select one:

a.

$25 875

b.

Nil

c.

$23 047

d.

$21 247

e.

$24 375

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students