Question
In the current income tax year, Sophia has provided you with the following information: A receipt for a donation to the Red Cross (endorsed by
In the current income tax year, Sophia has provided you with the following information:
A receipt for a donation to the Red Cross (endorsed by the ATO) of $100
A receipt for $200 for an auction prize bought at her local tennis club auction night
A receipt for $300 for a donation to the Starlight Foundation (endorsed by the ATO)
A copy of her raffle tickets for a prize auction at her local school. She spent $20 on the tickets
A receipt for $5 for a donation to the RSL on Anzac Day. (The RSL is a deductible gift recipient)
Sophia's allowable tax deduction for the current income tax year is:
Select one:
A.$605
B.$300
C.None of these
D.$625
E.$405
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