Annette, a resident has a dependant spouse with an adjusted taxable income of $30 000 and three dependent children who have no adjusted taxable income for the current tax year ended 30 June. The three children are full time students. The Family is eligbile for Family Tax Benefit Part B. Annette has a taxable income of $95 000. Based on this information, what amount of dependant rebates will Annette be entitled to in the current year ended 30 June? Select one: 1. $3065.00. 2. $282.60. 3. $1737.00 4. $902.00 5. $Nil.

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 29P: Arthur and Cora are married and have 2 dependent children. They have a gross income of 95,000. Their...
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Annette, a resident has a dependant spouse
with an adjusted taxable income of $30 000
and three dependent children who have no
adjusted taxable income for the current tax
year ended 30 June. The three children are
full time students. The Family is eligbile for
Family Tax Benefit Part B. Annette has a
taxable income of $95 000. Based on this
information, what amount of dependant
rebates will Annette be entitled to in the
current year ended 30 June?
Select one:
1. $3065.00.
2. $282.60.
3. $1737.00
4. $902.00
5. $Nil.
Transcribed Image Text:Annette, a resident has a dependant spouse with an adjusted taxable income of $30 000 and three dependent children who have no adjusted taxable income for the current tax year ended 30 June. The three children are full time students. The Family is eligbile for Family Tax Benefit Part B. Annette has a taxable income of $95 000. Based on this information, what amount of dependant rebates will Annette be entitled to in the current year ended 30 June? Select one: 1. $3065.00. 2. $282.60. 3. $1737.00 4. $902.00 5. $Nil.
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