Question: I have an individual who is not a resident for tax. They have rental losses which carry forward however they also received an unfranked dividend which had no TFN withholding. How do I made a note for this to be separately assessed by the ATO at the flat rate imposed?
Solution: As a non-resident, they may be subject to withholding tax on dividends received from Australian companies. The withholding tax rate can vary depending on the tax treaty between Australia and your country of residence.
The Unfranked dividends should be declared in Dividends section
Make sure to press "No" for "Australian resident"
and MUST enter the country of residence via "Income > Dividends" tab
Result:
Note: If the client is a non-resident for a full year, specify the date via "Adjustment" tab. The system will automatically treat is as a whole year non-resident (ie, client returned to Australia on 28th March 2023 and resumed his residency from that date onwards indefinitely. ) Learn more
Also, you can fill Other Attachments Schedule in Individual section of the return where enters information about country of residence.
Other related articles: