Question
Pride Pitso is 37 years old, and she is married to Sean out community of property. They have two children under the age of five.
Pride Pitso is 37 years old, and she is married to Sean out community of property. They have two children under the age of five. Pride's husband and two children are dependents on her medical aid fund. No family member has a disability as defined. Pride's taxable income is R680 700. She contributed R34 000 to the medical aid fund and her employer contributed an additional R34 000 to her medical aid fund. Pride paid additional qualifying medical expenses not covered by the medical aid fund of R21 000. You can assume her medical Scheme tax credit was correctly calculated as R11 000. YOU ARE REQUIRED to calculate the additional medical expense tax credit for the current year of assessment. (Round your answer to the nearest rand)
Select one:
a.
R18 648
b.
R7 326
c.
Rnil
d.
R1 513
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