This assessment covers employment related income, dividend and investment, rental property, tax payable, offsets and levies. It includes a detailed analysis of taxable income, basic tax, Medicare levy, tax offsets, and net tax payable. The deductions and assessable income are calculated based on the ITAA act, 1997. The rental property section covers all deductible expenses related to the maintenance of the property. The taxable income amount needs to agree with the taxable income on the actual tax return.