Tax
Hi folks,
Looking for some initial thoughts on what my tax situation will be before July comes around.
Will have earned 121xxx, will have paid 33xxx in tax. I'm not entitled to Medicare and have private health insurance - about 2500 paid for Medicare, plus an additional 1450 on the Medicare surcharge over the year.
Am I right in saying I should be due close to 4k back based on those Medicare charges alone? I think my tax payment otherwise will be about right - have some minor deductions to add such as electric/wifi since WFH all year.
Hoping I have this right but not sure.
Cheers 😊