Question
MEDICARE & HELP DEBT Pablo is permanent resident of Australia. He is single, has no dependent children and does not have private hospital cover. He
MEDICARE & HELP DEBT Pablo is permanent resident of Australia. He is single, has no dependent children and does not have private hospital cover. He has a HELP Debt of $12,500. His Income Statement contains the following details: $85,200 Gross wages $ 7,350 RFBA (from a non-exempt employer) $ 5,200 RESC In addition, you have determined the following details to be included on his tax return: $ 670 Deductible work related expenses $ 2,500 Net rental property loss You are required to select the Medicare Levy and Medicare Levy Surcharge amounts AND the HELP debt repayment amount.
Medicare Levy & Medicare Levy Surcharge $2,534.40
Medicare Levy & Medicare Levy Surcharge $2,460.90
Medicare Levy & Medicare Levy Surcharge $1,640.60
Medicare Levy & Medicare Levy Surcharge $2,611.40
Compulsory HELP debt repayment $4,921.80
Compulsory HELP debt repayment $5,809.70
Compulsory HELP debt repayment $6,795.60
Compulsory HELP debt repayment $6,256.60
Hint: 2 Correct answer (s)
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