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AAFM Exam CWM_LEVEL_2 Topic 2 Question 93 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 93
Topic #: 2
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

As a CWM you are required to calculate the tax liability of an individual whose Taxable income is:

* $ 142700 in US dollars and he is a US citizen (married Individual Filing Joint returns and Surviving Spouses)

* $ 67250 in SGD and he is a citizen of Singapore

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Suggested Answer: D

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