(Tax losses, partner in partnership)

The following data relates to Stephanie Garner, a resident taxpayer. Stephanie derives income from a public relations business and is also a partner in a marketing business.

General business deductions are separate from personal superannuation, gifts, partnership losses and losses of previous years.

Please assume that the necessary tests have been satisfied such that any partnership losses from Stephanie's share in the marketing business may be deducted from other income as appropriate.

Required: For each year, determine Stephanie's Taxable Income and any losses that may be carried forward.

Can you please check my answer for 2015/2016 , 2016/2017 and 2017/2018 if i done right or wrong answered

2015/16 2016/17 2017/18 Assessable business income General business deductions Share of Partnership Net Income (Loss) Superannuation and Gifts Net exempt income $ 93,400 80,000 (21,800) 4,000 1,500 $ 126,000 129,000 14,900 11,000 3,000 $ 133,400 119,200 (5,600) 8,000 2,000 2015/2016 ASSESSABLE INCOME TAX LOSS 93,400.00 21,800.00 LESS DEDUCTION LESS EXEMPT INCOME 80,000.00 1,500.00 20,300.00 LESS ASSESSABLE INC 93,400.00 ADD DEDUCTIONS 80,000.00 TAX LOSSES C/F 6,900.00 2016/2017 ASSESSABLE INCOME TAX LOSS BF 140,900.00 6,900.00 LESS DEDUCTION LESS EXEMPT INCOME 129,000.00 3,000.00 11,900.00 3,900.00 LESS SUPER CONTRI ASSESSABLE INC 11,000.00 14,900.00 LESS LOSSES RECOUP LESS SUPER CONTRI 900.00 11,000.00 Inc left 3,900.00 Less recoup loss 900.00 TAX LOSSES C/F 3,000.00 2017/2018 ASSESSABLE INCOME TAX LOSS c/f 133,400.00 3,000.00 Partnership loss Partnership loss 3,600.00 5,600.00 LESS DEDUCTION LESS EXEMPT INCOME 119,200.00 2,000.00 Current loss 10,600.00 3,600.00 LESS SUPER CONTRI 8,000.00 TAXABLE INCOME Loss c/f 2,600.00 400.00