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Ok, so say $8000 rental income.. 30% of $8000 = $2400 30% of $10,000 = $3000 $3000 - $2400 = $600 $600 tax return ? Sorry iv posted this in the wrong forum :( I wasnt paying attention.

Hey guys, im just wondering if there is a way to work out how much tax you will get back at the end of the year ? I am in this tax bracket $30,001 – $75,000 ($3,600 plus 30c for each $1 over $30,000) I have 1 IP, and just for an example I have a total of $10,000 worth of deductions for...