During the year ended 30 Jun 2021, Chana, a resident of Australia, has received rents of $56,000 and salary of $15000.  Her allowable deductions for the year are $5000. Required: Calculate her taxable income

Kana is a single wage earner with no dependents and taxable income of $168,700 in 2021. Her 2020 taxable income was $155,000 and tax liability was $31,375. Calculate Kana's 2021 income tax liability and the minimum required 2021 annual payment necessary to avoid any penalty. Round your answers to two decimal places.

A married individual who is paid on a monthly basis, claims 3 federal withholding allowances, completed the pre-2020 Form W-4, and earns $1,495 has $_________ in federal income tax withholding when using the wage-bracket method.

Lazare, who files as a head of household, has taxable income of $61,100 in 2023 Tax liability:           Average rate:

Nelta is a single taxpayer who qualifies for the earned income credit. She has two qualifying children who are three and five years old. During 2020, Nelta’s wages are $19,500 and receives dividend income of $800.  Use the EIC table in Appendix B to determine Nelta’s earned income credit.

Brooke, a single taxpayer, works for Company A for all of 2022, earning a salary of $57,000.

Calculate Total Assessable Income, Taxable Income, Tax Liability, Medicare Levy and Medicare Levy Surcharge, if applicable, for the taxpayer (Jenny) with information below: Jenny is a resident single mom with one dependent child (7 years old) taxpayer of Australia for the tax year 2019-2020 Her Taxable Salary earned is $120,000 (Including tax withheld) having no private health insurance. Jenny has a student loan outstanding for his previous studies at Queensland University of $32,000. Jenny’s employer pays superannuation guarantee charge of 9.5% on top of her salary to her nominated fund. Jenny earned a passive income of $5,000 from the investments in shares in the same tax year.

An employer in The U.S. Virgin Islands employs two individuals, whose taxable earnings to date (prior to the current pay period) are $8,500, and $3,400. During the current pay period, these employees earn $870 and $525, respectively. FUTA tax = $ What is the FUTA tax? The FUTA rate is for year 2022 The FUTA rate for this problem is 0.042%

Simon is a resident for tax purposes. During the year he derived gross wages of $50,000 from his employer in Sydney, $2,000 interest from Australian investments, and $8,000 of rent from an overseas property. Giving reasons, calculate the taxable income for Simon

Jane needs to lodge his income tax for 2020/21. Calculate her Total Assessable Income, Taxable Income, Tax Liability, Student loan (HECS), Medicare Levy, and Medicare Levy Surcharge if applicable, for the taxpayer with the information below:• Jane is a single and an Australian resident who plans to lodge tax for the tax year 2020 -2021• Her total taxable income is $100,000 (Including tax withheld)• She does not have private health insurance.• Jane has a student loan HECS outstanding for her previous study at Tasmania University of $43,000.• Her employer pays superannuation guarantee charge of 9.5% on top of her salary to her nominated fund.• Jane earned a passive income of $6,000 from the investments in shares in the same tax year. Calculate: Total Assessable incomeTotal taxable incomeUsing correct income tax rateMedicare LevyMedicare Levy SurchargeHELP repayment amount with using current threshold and rateTotal Tax LiabilityNet Tax Liability (Total Tax Liability less any applicable…