Question
SELF EDUCATION Chloe is employed as a tax accountant and enrolled in a Masters in Taxation in February 2019. Her fees for the 2019 year
SELF EDUCATION Chloe is employed as a tax accountant and enrolled in a Masters in Taxation in February 2019. Her fees for the 2019 year were $5,500. Rather than pay the fees, Chloe took out a Fee-HELP loan to cover the full cost of the fees. The only other expenses she has incurred during the 2019 year are: Internet $60 per month x 5 months x 25% Home Office 10 hours per week x 20 weeks Stationery $ 50 She has the appropriate records for these expenses. How much can Chloe claim at Item D4 of the tax return for her self-education expenses?
$0
$225
$5,479
$5,725
Hint: 1 Correct answer (s)
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