Using the reduction method, calculate Lucys tax on taxable income. Lucy is 47 and has...
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Using the reduction method, calculate Lucys tax on taxable income. Lucy is 47 and has received the following income during the year $154,800 >>> wages & salaries $8,000 >>> winnings on a gifted Tattslotto ticket $4,200 >>> Army Reserve income $3,000 >>> bank interest Her expenses during the year included $1,280 >>> travel to visit clients cents per kilometre $295 >>> car cleaning $1,350 >>> professional
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