Compute for theREGULAR ITIMIZED DEDUCTIONS to be claimed against gross income 500,000 650,000 660,000 810,000 Compute for the SPECIAL ITIMIZED DEDUCTIONS to be claimed against gross income

Sonia contributed $110,000 to superannuation as a non-concessional contribution in 2021/22.   Outline the non-concessional contribution bring forward rules in your own words  Determine whether Sonia can contribute a further $150,000 in 2021/22. Explain your answer, including any taxation consequences.

49. A taxpayer received the following items of income during the taxable year 2023: Interest income from BPI - Espana Branch from checking Interest income from BDO - Intramuros Branch from 62,000 Fom 38,500 account savings deposit Interest income from PNB - Quiapo Branch from foreign currency deposit account under the expanded currency deposit system Phone Calle Interest income from dollar deposit on Bank of New Jersey in the United States Interest income from promissory note of Mr. X, Philippines Paccy is Interest income from promissory note of Mr. X, United 612 States Yield from deposit substitute, Philippines Interest from Philippine government securities Interest income from long-term deposits, Philippines ub Interest income from long-term deposits, Egypt Royalties from books, Philippines Royalties from paintings, Philippines Royalties from musical compositions, Japan A. 300, 400 B. 312,900 C. 304,500 D. 362, 900 42,000 ebnuon 000.ce et nunu 000.20 130,000 58,400 Ismon es 62,000…

A single taxpayer has the following information for 2020: $195,000 23,500 1,500 8,900 14,800 AGI State income taxes State sales tax Real estate taxes Gambling losses (gambling gains were S$5,000) The taxpayer's total allowable itemized deductions for 2020 are: A) $15,000 B) $47,200 C) $38,900 D) $24,800