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Colin has a trade support loan of $20,000. His taxable income is $48,550, calculated as follows: $56,000 Wages $16,500 Add Rental income $22,700 Less Rental
Colin has a trade support loan of $20,000. His taxable income is $48,550, calculated as follows:
$56,000 Wages
$16,500 Add Rental income
$22,700 Less Rental expenses
$ 1,250 Less Work related expenses
$48,550 Taxable Income
What will his compulsory loan repayment be for the 2021 year?
$56,000 Wages
$16,500 Add Rental income
$22,700 Less Rental expenses
$ 1,250 Less Work related expenses
$48,550 Taxable Income
What will his compulsory loan repayment be for the 2021 year?
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Based on Colins taxable income of 48550 his compulsory loan ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
