Question: When i use Reckon to lodge sole trader tax return, there's an option to claim that the taxpayer is eligible to claim the small business income tax offset. Once I choose it, small business income tax offset will be calculated automatically on final tax estimation page. Where I can find the same option in lodgeit?
Answer: Check this guide - "Small business Tax Offset"
You can use the Small business income tax offset calculator provided by the Australian Taxation Office (ATO). This tool helps you calculate the amounts to enter for the small business income tax offset section in your tax return.