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What is the taxpayer net tax obligation including medicare

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Question - A resident taxpayer, aged 30, had earned income of $39,000 for the financial year ending 30 June 2021. This income included $1,000 received in his bank from a 50% franked large corporate dividend. The taxpayer has paid $5,800 in PAYG. What is the taxpayer's net tax obligation including Medicare?

a. $1,350 return

b. $2,435 to pay

c. $2,480 to pay

d. $811 return

Reference no: EM133091743

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