Amount include in assessable income for the year ended


Question: Tracey, a resident individual taxpayer, owns 1,000 shares in Woolworths Ltd.

On 14 September 2021, she received an unfranked dividend from Woolworths Ltd of $250.

On 3 May 2022, she received a franked dividend from Woolworths Ltd of $875, franked to 60%. The company tax rate is 30%.

What is the TOTAL amount that Tracey should include in her assessable income for the year ended 30 June 2022?

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Taxation: Amount include in assessable income for the year ended
Reference No:- TGS03223375

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