Mrs Tan, a Singaporean, is married with two children, aged 11 and 9 as at 31 December 2020. Both her children are Singaporeans. Mrs Tan's earned income for 2020 is $300,000. Calculate the Working Mother Child Relief that Mrs Tan can claim for the Year of Assessment 2021. Assume Mrs Tan's husband will claim the qualifying child relief. Question 1 options: 1) $91,000 2) $105,000 3) $100,000 4) $113,000

Mrs Tan, a Singaporean, is married with two children, aged 11 and 9 as at 31 December 2020. Both her children are Singaporeans. Mrs Tan's earned income for 2020 is $300,000. Calculate the Working Mother Child Relief that Mrs Tan can claim for the Year of Assessment 2021. Assume Mrs Tan's husband will claim the qualifying child relief. Question 1 options: 1) $91,000 2) $105,000 3) $100,000 4) $113,000

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 32P

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