Reference no: EM132963642

Question - Application of Medicare Levy using family thresholds - The following persons are resident taxpayers who are not liable for the Medicare Levy Surcharge. The information given relates to the 2016/17 tax year:

a. Glenn derived taxable income of $22,000 and his wife Rowena derived taxable income of $6,000. They do not have any children.

b. Kath derived taxable income of $41,000 and her husband Fred derived taxable income of $18,000. They have three dependent children.

c. Beck derived taxable income of $29,000 and her de facto partner Roy derived taxable income $40,000. They have four dependent children.

d. Will derived taxable income of $36,000 and his wife Tina derived taxable income of $22,000. They have two dependent children.

Required - For each taxpayer, calculate their liability for Medicare Levy.