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Question 2 answer saved Marked out of 1.00 Flag question Question text Tara currentlyr has a term deposit account with her bank which has earnt

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Question 2 answer saved Marked out of 1.00 Flag question Question text Tara currentlyr has a term deposit account with her bank which has earnt $3,000 and a home loan to which she currently owes $300,000 and has paid $12,000 interest on in the current tax year. 'Iara has asked the bank to offset the interest income against her home loan debt. The tax consequences of this for Tara are: Select one

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