"Owned, or had interest in, assets located outside Australia with total value of AUD $50,000 or more"

Modified on: Wed, 27 Jan, 2021 at 9:42 AM

Question: Where can I find "Owned, or had interest in, assets located outside Australia with total value of AUD $50,000 or more" in Individual Tax Return (ITR)?

Answer: "Foreign Income" should be activated from the Financial Image via top right of the form 4 little square.

Then, select "Income" > "Foreign" tab. Scroll to Item 20.

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