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An investor earns $144778 in the 2021/22 tax year. She purchases shares worth $5984 on 28 June 2021 and sold them for $10700 on 18
An investor earns $144778 in the 2021/22 tax year. She purchases shares worth $5984 on 28 June 2021 and sold them for $10700 on 18 January 2022. What is her income tax payable, including capital gains tax, but excluding the 2% Medicare surcharge?
a.
$38507
b.
$40380
c.
$41380
d.
$39507
please help me by explaining step by step your calculation clearly( what you minus, plus, etc)
thanks in advance
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