Question
Amy Weir had the following transactions during the 2021/22 tax year: Assessable business income
Amy Weir had the following transactions during the 2021/22 tax year:
Assessable business income $ 97,OOO
Maintenance receivedfrom ex-spouse 11,000
General business deductions 115,000
Calculate Amy's taxable income and any losses that may be carried forward.
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South Western Federal Taxation Individual Income Taxes 2017
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen
40th Edition
1337074748, 130587398X, 9781337074742, 978-1305873988
