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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

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.

2015/16

2016/17

2017/18

Assessable business income

$ 93,400

$ 126,000

$ 133,400

General business deductions

80,000

129,000

119,200

Share of Partnership Net Income (Loss)

(21,800)

14,900

(5,600)

Superannuation and Gifts

4,000

11,000

8,000

Net exempt income

1,500

3,000

2,000

Required: determine Stephanies Taxable Income and any losses that may be carried forward 2016/2017 and 2017/2018 .

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