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  • What's New
    • Recent Q & A
      • FAQ: SBR Partner
      • Prior Year Tax Returns / Old Forms
      • Q&A: MyGov as Auskey Replacement
      • FAQ: Lodgment confirmation
      • FAQ: Team member access
      • FAQ: No Accounting Software
      • Q&A: No accounting Software, how to start a form (MyGov Reports)
      • FAQ: How to adjust items in reconciliation section
      • Q&A: Carried Forward Losses
      • Q&A: CU Form
      • FAQ: Delete Occupation Code
      • OSX/MacOS
      • FAQ: Taxpayer appointment of tax agent
      • Q&A: Where to trigger small business income tax offset?
      • Q&A: Profit distributions showing as expenses
      • FAQ: Billing Process and Lodgement
      • FAQ: Prefill View
      • Q&A: Carry Forward Losses
      • Q&A: Income Stream Payment S2 (SMSFAR)
      • Q&A: Trust - dividend imputed credit validation
      • Q&A: How do you add in PAYG Tax Witholding to a BAS/Activity Statement?
      • Q&A: Profit Allocation
      • Q&A: International Address / Overseas Post code
      • Q&A: Working paper -Ledger
      • Q&A: Share of Franking Credits / How to input dividend imputation credits on a trust distribution
      • Q&A: Company not showing trust franking credit from distribution
      • Q&A: Jobkeeper
      • Australian resident and Non resident
      • "Taxable income" and "Amount payable"
      • Subordinated Debt
      • Customise Financial line items
      • Capital Gain tax (CGT) schedule - Main residence exemption - ITR
      • Net PL NOT showing as taxable income
      • Status of SMSF (tax on taxable income)
      • "Owned, or had interest in, assets located outside Australia with total value of AUD $50,000 or more"
      • Employee share schemes / Transferred total supplement income or loss
      • Retained earnings to distribute to beneficiaries
      • Round off (nearest integer)
      • Lodge tax return without ABN
      • TFN is a must to lodge CTR
      • Medicare Calculation (Visa 417 and 482)
      • Non Current Assets as Plant & Equipment
      • ETP and Lumpsum
      • How to Lodge Final Tax Return
      • TFN issue
      • Super Payable Deduction
      • How to add extra branch code for the same company?
      • Sole trader business schedule - Personal Service Deduction
      • End of Year process
      • Repayment Income
      • How to import excel for Primary Business
      • Financial Report: "Statement of Financial Position" Net Assets and Total Equity Issue
      • Motor Vehicle "Expense" Calculation Method
      • No First Name / Given Name
      • How to make team member as "CC" to esign request?
      • Payment Reference Number (PRN)
      • Future-year return
      • Payment Option / Payment Slip
      • PSI Bonus from CTR Transfer to ITR
      • "Estimate" tab
      • Capital Gains "Exemption or rollover code"
      • Capital Gain (CGT) - Main Residence Exemption
      • How to correct the TFN of the "Lodged" form?
      • How to calculate "Tax Free Threshold"?
      • Negative Gearing - Rental Property
      • Historical Forms
      • SBE: Franking Credit
      • Paid CGT Withholding Tax for beneficiary
    • What's New
      • Workshop and Trainings
      • Enhanced "Clients Import"
      • Tax Season 2024
      • August 2024
      • June 2024
      • LodgeiT Tax Time 2024 Updates
      • April 2024
      • December 2023
      • June 2023
      • Accziom Beta - A LodgeiT R&D Initiative
      • BGL SimpleFund 360 integration
      • January 2023
      • November 2022
      • September 2022
      • ITR ATO Benchmark
      • JULY 2022
      • LodgeiT EOFY Updates
      • June 2022
      • January 2022
      • In-app Notifications
      • LodgeiT Christmas 2021 update
      • September 2021 Updates and Future developments
      • LodgeiT 2021 State of the Union
      • June 2021
      • March 2021: Xero re-integration
      • December 2020
      • June 2020
      • June 2019
      • June 2020 - Tax Form Changes
      • May 2020
      • March 2020
      • Get your free annual LodgeiT subscription from QuickBooks
      • November 2019
      • April 2019
      • December 2018
      • October 2018
      • September 2018
      • August 2018
      • April 2018
      • June 2018
  • User Guide
    • Sign-up Process
      • Learn LodgeiT via GotoWebinar (Live Demo)
      • LodgeiT Workshop and Online Training
      • Sign-up / Create Account
      • Getting Started Guide
      • LodgeiT Overview Process
      • LodgeiT’s Interface and Guide
      • Organisation Details "Profile"
      • Getting Started for Tax Agents
      • Getting Started for Business Entity/Owners (non-agent)
      • Getting Started for Bookkeepers
      • Tax Agent Demo 2021
    • Account and Security
      • Account
      • To use 'QuickBooks Online' Credentials to Sign-in to LodgeiT
      • Set up 2-factor authentication
      • Reset Two-Factor Authentication
      • Codes Security (SMS)
      • Unable to received SMS code (Error: Unknown error attempting to reach phone)
      • Feedback and Contact Support
      • Organisation Log
      • Electronic Fund Transfer (EFT) Report / EFT Reconciliation Settings
      • Switch Accounting Software
      • How to check SBR Outage
      • Managing Lastpass extension issue
      • How to change LodgeiT account email address
      • How to change LodgeiT account password
      • LodgeiT's Security, Compliance, and Storage
      • Turn-off browser's auto complete function
      • Email Not Verified
      • SBR Connection to ATO via Phone
    • 'QuickBooks Online Accountant' User
      • QuickBooks user - Sign in to LodgeiT
      • Migrate and Sync Clients from 'QuickBooks Online Accountant and from Other Accounting System in a Single Account in LodgeiT
      • How to Connect QuickBooks Online Accountant to LodgeiT
      • Client Sync ('QuickBooks Online' from/to LodgeiT)
      • 'QuickBooks Online' Clients duplicate after import (how to re-sync)
      • Use 'QuickBooks Online' credentials to register in LodgeiT
      • Contact Details Mapping (LodgeiT > 'QuickBooks Online')
      • Company Tax Return via 'QuickBooks Online'
      • LodgeiT to 'QuickBooks Online Accountant' Sync to Individual with and without Business Name
      • Team Member Cannot link 'QuickBooks Online' client
      • "Sorry, there was a problem!"
      • Error: Resource not found
      • QuickBooks "Company ID"
    • E-signature and Manual signing controls
      • Signing Documents Electronically Under Corporations Act 2001
      • E-signature Template
      • Out To Sign: Using E-Signature
      • Out To Sign: Manual Signature
      • Settings - Primary Contact/Signatory
      • Automatic E-sign Reminders
      • E-Sign Notifications
      • E-sign status card
      • Send E-sign Reminder (Bulk/Manual Approach)
      • How to change e-sign signatory?
      • How to cancel the form that has been sent for e-signature?
      • E-Signature for "Financial Reports"
      • How to get signed copy of the client tax return with e-signature?
      • The client cannot sign the esignature request
      • How to "Cancel" esignature request?
      • E-signature Authenticator (SMS or Birthdate)
      • Audit Trail for "Out To Sign"
      • Esignature request (mail) as "Junk"
    • General Settings
      • "Tax Genii" your AI Tax Research Assistant
      • Intermediary
      • Gear Wheel / Cog Wheel
      • Settings (User/Firm)
      • Settings - General
      • Settings - Contact Details
      • Settings - People
      • Settings - Tax
      • Client "Settings"
      • Human Icon
      • Client Defaults (Contact Source for Tax Form)
      • Add related entities / Adding Client
      • Managing Client
      • Primary Contact's "Additional Email" address
      • Single Client Update for "Contact Source" on Tax Returns
      • Client Export/Extract (CSV or Excel)
      • Business Owner (Non Agent) to Lodge for Multiple entities
      • Client Details Card
      • Where to add Bank Detail / Fee from Refund / Electronic Funds Transfer (EFT)
      • Define Client Relationship
      • Invite LodgeiT Team (for Concern / Issues)
      • Lodgement List & Dates
      • Client List and Client Groups
      • How to search a client?
      • How to see Lodged forms
      • Archive or Delete Client
      • Knowledge base
      • Fast Navigation - Forms (Keyboard)
      • How to create a Form? (Form Types)
      • Rollover
      • How to change the language settings on your Google chrome browser
      • Authentication Method for E-signature (Client Defaults)
      • Teams: How to Invite Team Members and Restrict Team Access
      • Fixing Date Display Issue in Google Chrome
      • Troubleshoot: To disable "Agent contact details"
      • Settings - Teams/Access (Member and Client Owner and Assignee)
      • What is a Team Member "Access"?
      • Client Verification
      • Re-assign Email Address to New Team Member
      • Reset Password
      • Transfer "Assigned clients" to other "Member"
      • Adding Multiple Companies (Non Tax Agent)
      • TFN Details (Team Access)
      • "Unlocked" Lodged Form
    • General Form Settings and Controls
      • Dashboard - Work status filter and sort (team, form, period, client group)
      • Form Workflow Sequence and E-signature
      • How to see Lodged Form / Lodgement Receipt
      • How to Create a Tax Form
      • How to Amend a Tax Form
      • Activate Financial Picture / Manage Section of the Tax Form
      • Bulk or Multiple "Sign and Lodge" of Tax Return
      • Part Year Spouse
      • Add Spouse
      • Deactivate Spouse
      • Audit Trail and Document History
      • How to reverse form to "Draft" status again?
      • How to Modify Due Date on Form
      • How to Restrict other team members from viewing a form?
      • How to Print/Download the Form
      • How to Suspend/UnSuspend a Form
      • How to "mark form as lodged"
      • How to see the Prefill of ATO button
      • Substituted Accounting Period (SAP)
      • How to tag "Relationship" (not a client)
      • Outcome of Assessment (OoA)
      • Error: "Lodged - OoA Error"
      • ATO Status
      • International Mobile Number
      • How to Export List of Tax Forms
      • Dividend and Interest "Address"
      • ATO Identifier
      • How to remove or delete a form?
      • CMN.ATO.GEN.500127
      • Creating Tax Form: Appropriate or Correct Form not showing on the 'Add' options
      • Pre-lodge in Background
      • Click "here" to fill quarterly paid instalment values. This will also pull your lodged activity statements for the return's year.
      • "Unlock" Lodged forms
      • Print lodgment receipts
    • Tax Systems Conversion Guide
      • Client Migration Process
      • Direct Client Import / Migration
      • Pattern for Client Import (optional)
      • Extract and Import Client list from Xero
      • Client List: Extract and Import Client from Handiledger/Handisoft/Handitax/Sage One
      • Extract and Import Client list from Software Assistant-Thomson Reuters
      • Client Data: Extract and Import Client list from Reckon Elite
      • Extract and Import Client list from MYOB AO
      • Extract and Import Client list from MYOB AE (Accountants Enterprise)
      • Client groups bulk import (existing client)
      • Unpaid Superannuation Payable (Reconciliation Section)
  • Practice Settings
    • ATO Online Services
      • Connect LodgeiT to ATO
      • How to Secure MyGov ID
      • MyGov ID as Proof of Agent's Signature
      • Error: "LodgeiT is not selected as your SBR software service provider"
    • Tax Agent
      • Practice Type for Tax Agent
      • Entity Type / Practice Type as Company (Tax agent)
      • Taxpayer appointment of tax agent
      • Lodgement Declaration Requirement
      • Switch Tax Agent
      • TFN Security
      • Transfer of Account "Ownership"
    • Branding
      • Brand Setting and Logo
    • Email Settings
      • About Email Settings
      • Troubleshooting Sending Client Emails
      • 'Email From' (Sender) Disconnect old email address and Connect new email address
      • Bounce Email / Message
      • Shared email address of Microsoft 365
      • Microsoft Email Settings
  • Billing and Payments
    • General LodgeiT Pricing
      • Billing page
      • Pricing
      • Buying Lodgements for Non-Agent (Business entity)
      • How to see LodgeiT payment and invoice
      • Tax Agent Billing Page
      • Package Subscription for Tax Agent
      • How to renew a LodgeiT subscription plan (Tax Agent)
      • How to change a LodgeiT subscription plan (Tax Agent)
      • How to cancel LodgeiT subscription plan (Tax Agent)
      • Package Subscription (BAS/Bookkeeper)
      • How to change Credit Card details?
    • 'QuickBooks Online Accountants' ProAdvisor Credits/Token
      • How to "Activate"/redeem LodgeiT through the Intuit ProAdvisor Program
      • Renewal of QuickBooks ProAdvisor Subscription (Subscription has Expired)
      • Error: Promo Code is not valid or no longer available
      • Renew, Re-Activate, Expired, Upgrade, Downgrade of QuickBooks Pro Advisor Subscription
    • Pricing for Franchisees
      • About Franchisee Licences
      • Buying and Assigning Licences
      • Multiple Accounts (Franchisee) in LodgeiT using Switch Organisation
    • Pricing for BGL
      • Buying lodgement for SMSF
  • Tax Forms
    • General
      • Lodgment progress status
      • Form Status (lodgement issue)
      • BAS Agent/Bookkeeper to Lodge Tax Form
      • Opening Stock and Cost of Sales
      • Colors of Error and Warning
      • Compare Prior Year Figures (Current and Previous Year)
      • Supported Forms
      • How to "Deactivate" Business schedule
      • Franking Account Tax Return
    • Tax Form Checklist
      • Pre June Checklist for Individual Tax Return (ITR)
      • Pre June Checklist for Company, Partnership, and Trust Tax Return
      • Year End Checklist for Individual Tax Return (ITR)
      • Year End Checklist for Partnership Tax Return (PTR)
      • Year End Checklist for Company Tax Return (CTR)
      • Year End Checklist for Trust Tax Return (TTR)
    • Individual Tax Return
      • Preparation of an Individual Tax Return (ITR)
      • Activate "Individual Tax Return" Reporting Module/Manage Sections
      • Adding "Dividends" manually
      • Worksheet: Capital Gain Tax (CGT) "Granular method"
      • Capital Gains (CGT)
      • Capital Gains (CGT) - Multiple Trust Distributions
      • Description of Main Business
      • Applying PRIOR YEAR LOSS
      • "Validating" Work Related Expenses (D5)
      • Add Reportable fringe benefits amount
      • T1 Seniors & Pensioners (SAPTO) for Widow/er
      • Car Expense for Business
      • Senior tax Offset (SAPTO)
      • D12 - Personal Superannuation Deductions
      • Spreadsheet Example - Sole Trade Comparatives
      • Capital Allowance Recoupment
      • Individual Tax Return (ITR) with Partnership (with $20K loss assessable income)
      • Non-Australian Resident with Interest income
      • Partnership Losses
      • Part Year Tax Free Threshold
      • Private Health Codes
      • How to Reduce Medicare Levy
      • Medicare Levy not available/NIL (not showing in "Estimate" tab)
      • Business & PSI Income
      • Completing the Business Section of Individual Tax Return (ITR)
      • PSI - Item 14 - Individual Tax Return (ITR)
      • Non Deductible expenses - PSI
      • Franking Credit Form (Refund) / Short Refund Return
      • Rental Property Split (Rental Worksheet)
      • Rental Schedule from QuickBooks
      • How to Report Holiday Makers Wages
      • How to show estimated PAYG Instalments
      • Non Commercial Losses - Profit business A Loss Business B
      • Trust Capital Gains
      • How to use Deferred Business Losses
      • Income Averaging - Non Primary
      • Where to find HECS-HELP Repayment?
      • HELP-HECS Debt
      • HECS Repayment Calculation
      • Non Resident Foreign Income (NRFI) Schedule
      • Foreign Source Income
      • Managed Fund Distribution in Individual Tax Return
      • Calculating off-set for private health insurance rebate non resident
      • Lumpsum E-payment received
      • Button: Assessable government industry payments
      • Handling Cash Flow Boost reporting
      • How to Record Jobkeeper
      • Government Super Co-Contribution
      • Small business tax offset
      • How to Access Livestock Calculator
      • How to add employment termination payments
      • D11 - Deductible amount of UPP Foreign Pension or Annuity in Individual Tax Return (ITR)
      • Superannuation Income Stream
      • Medicare Levy Surcharge
      • Auto fill contact details
      • Notice of Assessment (NOA)
      • Depreciation on Business Income in Individual Tax Return (ITR)
      • D12: Personal Concessional deductions
      • Unfranked Dividend with no TFN withholding for Non resident
      • Country of Residence
      • NRAS (Share of National Rental Affordability Scheme Tax Offset)
      • WHM and LITO (Low Income Tax offset)
      • Special Professional Income
      • Interest on loans for shared owner
      • Dividend difference (Taxable and Accounting Facts)
      • Adjusted Taxable Income (ATI) and Net Rental Property Loss calculation
      • How Lumpsum tax offset calculated?
      • Income Average for a Sports Person
      • CMN.ATO.IITR.000263 / CMN.ATO.IITR.302101
      • Low Family Income / Repayment Threshold for HECS
      • Adjusted Taxable Income (ATI) and Estimated Total Income
      • Why the prefill is going into PSI not to "other labour income"?
      • Student Loan Repayment (SFSS loan)
      • Deductions for Managed Fund
      • Child Support
      • CGT distribution among investors
      • Business worksheet (Financials imported from 'QuickBooks Online')
      • Claiming Part Year Threshold with TFN Witholding from Interest Income
      • Unfranked Dividend appears in Individual Tax Return (ITR)
      • Invalid Carer Tax Offset
      • Interest "Difference" in Individual Tax Return (ATO Prefill)
      • Claiming back the withholding tax for non-resident
      • Notional Tax Section
      • Foreign Resident Capital Gain Tax
      • Why is Trade Creditors not appearing in Reconciliation Section?
      • Temporary Full Expensing for Sole Trader (Individual Tax Return)
      • Foreign income tax offset (FITO) in Individual Tax Return (ITR)
      • Medicare Levy Exemption
      • Invalid Careers Payment (T5)
      • Non-resident Capital Gain Discount (CGT)
      • Income Test: Estimated Total Income and Estimated Eligible Income
      • How to Calculate " Tax on Taxable income"
      • How Tax Estimate is calculated for part-year resident Working Holiday Maker?
      • CGT discount on capital gains from Managed Fund
      • Negative PSI
      • Occupation Code Description as "Other"
      • ITR - IT2 Reportable Employer Superannuation Contributions
      • Capital losses in the Managed fund section
      • Additional Information / Notes for the ATO
      • Prior Year Net Capital Losses (ITR)
      • Zone Tax - Offset (ITR)
      • Income/Deduction from Partnership in Individual Tax Return (ITR)
      • Foreign Rental worksheet
      • Superannuation contributions on behalf of your spouse (Item T3)
      • "Estimated total income" and "Estimated total"
      • Capital Gain Discount used
      • First Home Saver Scheme (FHSS)
      • Excess Concessional Contributions (Tax Offset)
      • How to Exempt the Current Year Capital Gain?
      • Trust Account Authority Declaration on Individual Tax Returns (ITR)
      • Bonuses from life insurance companies and friendly societies
      • ITR: Small Business Skills and Training Boost / Small Business Technology Investment Boost
      • Superannuation Income Stream (Untaxed element)
      • Carry Forward Foreign Property Loss
      • CMN.ATO.INCDTLS.000014
      • Small business income tax offset on trust distributions in Individual Tax Return (ITR)
      • Name must not exceed 15 characters / CMN.ATO.IITR.400044
      • Adjustment for Super Contributions
      • Loss Carried Forward: Primary Production Losses and Non Primary Losses
      • How is "Compulsory Higher Education Loan repayment (HELP)" calculates
      • HECS and Help Repayment
      • Net Financial investment loss (Label IT5) Calculation
      • Under 18 Excepted Net Income / Adjustments under 18 in Individual Tax Return (ITR)
      • ANZSIC Code (P2-Business): "Aged or Disabled Carer"
      • Partial "Expense" share amount for Rental Property
      • Capital Gain for Sold Property
      • CMN.ATO.IITR.311085
      • T2 Australian superannuation income stream
      • HECS (Worldwide income)
      • Label Z
      • 18V: Unapplied Net Capital Losses Carried Forward
      • Estimate: Income Averaging for Primary Production
      • CMN.ATO.IITR.210035
      • Current Year Capital Gains" in Managed Fund
      • 20F Total Australian franking credits from a New Zealand franking
      • 18X Credit for foreign resident capital gains withholding amounts
      • Share Percentage for "Less Cost Incurred" in Capital Gain
      • How to reduce the capital loss that was carried over from previous years
    • Company Tax Return
      • Preparation of Company Tax Return (CTR)
      • Company Tax Return 2022 via 'QuickBooks Online'
      • Company Tax Return 2022 via Xero
      • Company Tax Return 2022 Excel Import
      • Video of the Company Tax Form Filling Process
      • CTR: Understanding the Reconciliation Section - Company Tax Return (CTR)
      • Understanding Reconciliation for Small Business Entity (SBE)
      • Reporting Dividend Income received into a Company Tax Return (CTR)
      • Reporting Capital Gains into a Company Tax Return (CTR)
      • Reporting Interest Income received into a Company Tax Return (CTR)
      • Reporting Partnership Income received into a Company Tax Return (C
      • Reporting Trust Income received into a Company Tax Return (CT
      • How to Configure Settings for a Company
      • Depreciation Summary for Company Tax Return Form (CTR)
      • CTR: Small Business Entity
      • Reporting Partnership, Interest, Trust & Dividend Income for Company
      • Activate "Company Tax Return (CTR) " Reporting Module
      • Capital Gains in Company Tax Return (CTR)
      • Current Year Tax Losses in a Company Tax Return (CTR)
      • Apply Revenue Losses Brought Forward (Carried Forward Loss) in a Company Tax Return (CTR)
      • Applying PRIOR YEAR LOSS in Company Tax Return (CTR)
      • Foreign Source Income - Company Tax Return (CTR)
      • Reporting Trust Income - Company Tax Return (CTR)
      • Depreciation (10A - Deduction for Certain Assets) for Company
      • Handling CashFlow Boost reporting in a Company (CTR)
      • International Dealing Schedule for Company Tax Return (CTR)
      • Reportable Tax Position Company Tax Return (CTR
      • How to Record Jobkeeper in a Company Tax Return (CTR)
      • How to Access Livestock Calculator in the Company Tax Return (CTR)
      • Total Debt (item J) in Company Tax Return (CTR)
      • Franking account balance or transaction listing
      • How to Allocate Trust distribution as Trust
      • 102AAM Interest charge
      • How to Complete the R&D Section of the Company Tax Return (CTR)
      • Unpaid Superannuation in the Reconciliation
      • How to Handle Personal Services Income (PSI) in a Company
      • Non deductible expenses in Company Tax Return (CTR)
      • Company Tax Return - Managed Funds
      • How to update R&D Losses (Total Notional R&D Deductions)
      • Borrowing Cost Schedule
      • Super Contributions paid to employees
      • CTR: Small Business Skills and Training Boost / Small Business Technology Investment Boost
      • CTR: How to Add a "Rental"
      • CTR: Small Business Tax Rate in Company Tax Return
      • How to Prepare Nil Company Tax Return
      • How to make "Nil" the "Tax losses carried forward to later income years"?
      • Paid/Expense: Dividend and Interest Schedule
      • How to report Employee Share Scheme on CTR
    • Partnership Tax Return
      • Preparation of Partnership Tax Return (PTR)
      • Video of the Partnership Tax Form Filling Process
      • Activate "Partnership Tax Return" Reporting Module
      • Small business Tax Offset -Partnership Tax Return (PTR)
      • PTR: Understanding the Reconciliation Section
      • Reporting Partnership, Interest & Dividend Income, Trusts and Rentals For Partnership (PTR)
      • Spreadsheet Example - Partnership Comparatives
      • How to Use Tags in accounts with other expense categories in - Partnership Tax Return (PTR)
      • How to Use Tags in accounts with other Income categories in - Partnership Tax Return (PTR)
      • Handling CashFlow Boost reporting in a Partnership (PTR)
      • How to Record Jobkeeper in a Partnership Tax Return (PTR)
      • How to Access Livestock Calculator in the Partnership Tax Return (PTR)
      • PTR: Small Business Skills and Training Boost / Small Business Technology Investment Boost
      • Rental Worksheet in Partnership Tax Return
      • Reporting on a Cash Basis in the Partnership Tax Return
      • Small business tax offset from Partnership Tax Return to Individual Tax Return
      • Trust Income Earned by a Partnership
      • Partnership Income earned by a Trust
      • Partnership Income earned by a Partnership
      • Interest Earned by a Partnership
      • Capital Gains Earned by a Partnership
    • Trust Tax Return
      • Preparation of Trust Tax Return (TRT Form)
      • Video of the Trust Tax Form (TRT) Filling Process
      • Spreadsheet Example - Trust Comparatives
      • Activate Reporting Module for Trust Tax Return form (TRT)
      • Net Trust Income Must Equal Distributed Income - Trust Tax Return Form (TRT)
      • Notice to sent - Trust Tax Return (TRT Form)
      • Trust Tax Return (TRT) - Applying PRIOR YEAR LOSS
      • TRT: Understanding the Reconciliation Section
      • Reporting Partnership, Interest & Dividend Income, Capital Gains and Rentals For Trust Tax Form (TRT)
      • Trust Tax Return (TRT) loss distribution
      • How to Use Tags in accounts with other Income categories in Trust Tax Return (TRT)
      • How to Use Tags in accounts with other expense categories in Trust Tax Return (TTR Form)
      • Deceased Estate - Trust Tax Return (TRT Form)
      • Error: The A - Income of the trust estate field is required in Trust Tax Return Form (TRT)
      • Beneficiary Allocation
      • Handling CashFlow Boost reporting in a Trust (TRT)
      • How to Record Jobkeeper in a Trust Tax Return (TRT)
      • How to claim refund for a trust account?
      • Trust loss & TFN withheld credit
      • How to Access Livestock Calculator in the Trust Tax Return (TRT)
      • Rental Income NOT for Business
      • Q&A: Trust Distribution to beneficiaries (Financial Report)
      • Net income of Trust to beneficiaries
      • Non-Primary Income Amount
      • Foreign income from Trust to Individual
      • Trust without an ABN / LGT.GEN.ERR.0000010
      • Trust Losses (Carried Forward Loss) in Trust Tax Return (TRT)
      • Maximum number of beneficiaries
      • Figures from Imported Financials Not Related to Business
      • Current Liability Rule
      • Trust Distribution - Tax loss & Capital Gain Tax (CGT)
      • CGT gains distribution is not showing up in the Individual Tax Return (ITR)
      • Profit Allocation with Prior Year Closing Loss
      • Distribution of Small Business Income not showing
      • "Difference" in Interest income for Trust
      • TRT: Small Business Skills and Training Boost / Small Business Technology Investment Boost The ATO introduced two measures to support small
      • Tax Losses in beneficiary distribution
      • Trust PAYGI (PAYG Instalment)
      • TRT: Rental Worksheet
      • Reporting on a Cash Basis in the Trust Tax Return
      • How to Distribute Capital Gain to Beneficiary?
      • "Share of Net Small Business Income" (SBE Tax offset") is not showing in the Individual Tax Return (ITR)
      • Non-resident distribution / Share of credit for tax paid by trustee
      • TFN Report
      • Trusts with Tax Tosses
      • Item 58 - Capital Gain Distribution in Trust Tax Returns (TRT)
      • "Remove" a Beneficiary
      • Foreign resident withholding tax
      • Trust Income Earned by a Trust or Partnership
      • Interest Earned by a Trust
      • Capital Gains Earned by a Trust
      • Attributed Foreign Income from Managed Fund
    • Superannuation Fund Tax Return
      • Preparation of Self Managed Superannuation Fund (SMSF)
      • How to Prepare Accounts for Superannuation Funds to Import to LodgeiT
      • Activate Relevant Sections of Self Managed Superannuation Fund Form (SMSF)
      • Import Self Managed Superannuation Fund (SMSFAR) from Mclowd to LodgeiT
      • Calculation Engine for Retirement - Self Managed Superannuation Fund (SMSF)
      • Capital Gains in Self Managed Superannuation Fund (SMSF) Tax Return
      • Exempt current pension income - Self Managed Superannuation Fund (SMSF)
      • How to get the credits back - Self Managed Superannuation Fund (SMSF)
      • Self Managed Superannuation Fund (SMSF) : Message - Incorrect PDF Format
      • Self Managed Superannuation Fund (SMSFAR) - Applying PRIOR YEAR LOSS
      • Self Managed Superannuation Fund (SMSFAR) - Carried Forward Loss
      • Self Managed Superannuation Fund (SMSFAR) : Clearing Errors and Validating Form
      • SMSF Member Statement (entering "Opening Balance of a Member)
      • Work around for removing section G in BGL PDF return
      • Methods for creating SMSF accounts
      • Depreciation for Self Managed Superannuation Fund (SMSF)
      • Mclowd import error
      • Non-Concessional Contribution Income (SMSF)
      • T2 Tax Offset
      • Superannuation Pension Forecaster
      • SMSF Total income
      • Franking Credits in SMSF
      • Franking credits related to the exempt current pension
      • SMSF with Multiple Rental Property Deductions
      • SMSF Rent
      • Item 8: Status of SMSF
      • Tax for"Members" in SMSF
      • Section F & G: Supplementary Member Information (SMSF)
      • SIS Levy
      • Adding Auditor in SMSF
      • How to Disable PAYG Instalments in SMSF
      • Other Income as Assessable (SMSF)
      • How to lodge a "Nil" SMSF?
      • CMN.ATO.CGTS.402178
  • Other Forms
    • Activity Statement (BAS)
      • Preparation of Activity Statement (AS)
      • Manage Activity Statement (AS)
      • Pull new Activity Statement (AS)
      • Collecting and Filling Activity Statements (AS) from the ATO Systems
      • 'QuickBooks Online' BAS Import
      • Switch-Off Auto Produce Activity Statement (AS)
      • Activity Statement (AS) preloaded from ATO
      • How to Amend an Activity Statement (AS)
      • Bulk Import of Activity Statement / Installment Activity Statement (AS/IAS)
      • Collecting Activity Statement (AS) - not showing in LodgeiT
      • Importing Activity Statements (AS) lodged indirectly
      • Cash Flow Boost - Activity Statement (AS)
      • NIL BAS
      • "Lodged" BAS
      • Changed of Branch Code
      • How to show BPAY Details in BAS Form?
      • Access to Activity Statements Not Available
      • BAS "Instalment Amount" T7 (PAYGI)
      • BAS - Line G11
      • "QuickBooks BAS reporting period is different to this BAS. Please make sure BAS periods are equal and try again"
      • BAS / Activity Statement Forms and Description
      • BAS Status: "Processed"
      • Error: "GST on purchases cannot be negative"
      • Import BAS Values from 'QuickBooks Online'
      • 'QuickBooks Online' BAS Output different to LodgeiT BAS Value
      • Disable Manage Activity Statement (AS)
    • FBT Tax Return Form (Fringe Benefit Tax)
      • Preparation of Fringe Benefit Tax Return Form (FBT)
      • FBT Worksheet and Calculation
    • PAYG Payment Summary Tax Return
      • Preparation of PAYG Payment summary (PS)
      • How to Import Empdupe to Payment Summary Form (PS)
    • TPAR Tax Return Form (Taxable Payments Annual Report)
      • Preparation of Taxable Payments Annual Report Form (TPAR)
      • How to Import Excel Template to Taxable Payments Annual Report (TPAR)
      • OLD Taxable Payments Annual Report Preparation (TPAR)
      • How to Lodge NIL TPAR?
      • How to import TPAR from 'QuickBooks Online'?
    • CGNFT ( Consolidated Groups Notification of Formation and Member Entrance-Exit )
      • Preparation of Consolidated Groups Notification of Formation and Member Entrance/Exit Form (CGNFT)
    • FTER ( Family Trust Election
      • Preparation of Family Trust Election, Revocation or Variation Form (FTER)
    • IEE ( Interposed Entity Election and or Revocation )
      • Preparation of Interposed entity election and or revocation form (IEE
    • RNN Tax Return Form ( Return Further Returns Not Necessary)
      • Preparation of Non Lodgement Advice (NLA)
    • TFND Tax Return Form ( Tax File Number Declaration)
      • Preparation of Tax File Declaration form (TFND)
    • Not for Profit
      • Chart of Account for Not for Profit Organisation (NFP)
      • "Not-For-Profit" Tax Form
  • Financial Report
    • General - Financial Reporting
      • The LodgeiT Approach to Preparing Financial Reports
      • "Financial Report" Manage and Modify
      • Basic "Financial Report" (Free Version)
      • Advanced and Paid Version of "Financial Reports" with Notes
      • Interim "Financial Report"
      • "Financial Report" Comparison Period
      • How to Create Monthly Financial Report?
      • Print option for "Financial Report"
      • Batch "Publishing" of "Financial Reports"
      • Financial Report - "Published" Status
      • Switching Line Items
      • Switching Account Sectors
      • Trust "Financial Report" - Directors Declaration Statement and Trustee Declaration
      • "Opening Retained Earnings" calculation
      • Modify "Notes" in Financial Statements using Advanced version
      • "Duplicate" report for Financial Report
      • Financial Report's "Trading Revenue"
      • How to change "Prepared by" via Financial Reports
      • Consolidated Group
      • "Net Cash flows from Investing Activities"
      • Financial Report: TFN witholding tax credit distribution to beneficiaries
      • General Purpose Financial Statements/Reports
      • "Not-for-Profit" Financial Report
    • Branding
      • Branding Settings and Logo (Emails and Financial Statements)
    • Signing
      • Managing "Financial Report" Compilation Report
      • Sign a compilation report
      • Default Signatory (For Financial Report > Compilation)
      • "Financial Report "Statements and E-Signature
    • Company
      • Preparing "Financial Reports" for a Company
      • Demonstrating Producing Company "Financial Statement Report" via 'QuickBooks Online'
      • Accounting Versus Taxable Capital Gain
    • Individual
      • Preparing "Financial Reports" for a Sole Trader
      • ATO Liability
      • Share of Franking credits from managed funds
      • Estimate: Includes complementary tax for special professional averaging
    • Trust
      • Preparing "Financial Reports" for a Trust
      • Working with Trusts
      • How to distribute/allocate profit to beneficiary in Trust "Financial Report"
      • Video of a Trust "Financial Report" Generation Process
    • Partnership
      • Preparing "Financial Reports" for a Partnership
      • How to distribute "Partners Profit Distribution Summary" in Partnership "Financial Reports"
    • Superfund
      • Preparing "Financial Reports" for a Superannuation Fund (SMSF)
      • How to distribute "Members Profit Distribution Summary" in Superannuation Fund (SMSF) Financial Report
      • Franking Credit as Refundable
    • Legal Documents / Templates
      • Report Templates: Legal Documents/Templates
  • Integrations
    • Integration (API) General Settings
      • Settings - Import
      • API General Settings- Importing Financials
      • Removing Imported Financials
      • Manage Connection: How to remove accounting software
      • How to refresh/re-import financials
    • QuickBooks Online
      • 'QuickBooks Online' Integration Instructions
      • Time Billing (using QuickBooks Online-TSheet)
    • Xero
      • About Xero integration
      • Sign in with Xero
      • Sign up with Xero
      • Connect to Xero
      • Continue with existing Xero organisation
      • Importing financials - Xero
      • Manage connections (Xero)
      • FAQ (Xero)
      • Xero Financial Import Error: The connection has been canceled
    • MYOB Business (Myob AccountRight Live, and MYOB Essentials)
      • MYOB BUSINESS (Myob AccountRight online and MYOB Essentials)
      • Error: Something went wrong while importing financials from MYOB AccountRight Live
      • Issue: Myob API Import - figures are incorrect
      • Financial import from Myob AccountRight - Issue with Retained Earnings
    • ATOmate
      • ATOmate Export Operational Guide
    • BGL SimpleFund 360
      • Import SMSF annual return from BGL SimpleFund 360
  • Importing Financials
    • General
      • What is a Financial "Import"?
      • General - Importing Financials
      • Financial Reports (comparative excel sheet example)
      • "Do not import to tax return"
      • Negative Bank Balance
    • Excel
      • Importing Financials from Excel
    • Classification of Account Line Items
      • Understanding LodgeiT Chart of Accounts
      • Getting Started with Mapping Accounts
      • Chart of Accounts Taxonomy
      • Account allocation in tags
      • Scroll issue while mapping an accounts
      • How NOT to link Chart of Account
      • How add negative amount (financial import)
      • Direct Cost / Cost of Sales
      • Classification of Accounts (Map/Tagging)
    • 'QuickBooks Online' (API and LSU)
      • Importing Financials from QuickBooks Online (Using LSU)
      • Importing Financial Statements from 'QuickBooks Online'
      • Amend BAS details imported from'QuickBooks Online'?
    • Reckon (Extract & Import ; using LSU)
      • Import Financials from QuickBooks/Reckon Account Hosted (Desktop version Extract & Import)
      • LSU: Importing Financials from QuickBooks/Reckon Accounts Desktop
      • Import Financials from Reckon One (Extract and Import)
      • LSU: Import Financials from Reckon One
    • LodgeiT Smart Excel Utility
      • LodgeiT Smart Excel Utility (LSU) Installation
      • Generate an XML using LodgeiT Smart Excel Utility (LSU)
      • Import financials using LodgeiT Smart Excel Utility (LSU)
      • Software's that LodgeiT Smart Excel Utility (LSU) support
      • Installation for Add-in issue : LodgeiT Smart Excel Utility
      • Unable to see "LodgeiT/LSU" tab in spreadsheet (LodgeiT Smart Excel Utility)
      • LSU Issue: The System Cannot find the File Specified
      • "Client Code" for LodgeiT Smart Excel Utility
      • Link to Install the Smart Excel Utility
      • Generate LodgeiT Import Files from Excel
      • LSU Issue: Old Excel Version
      • "Run" Issue with LSU
    • Other Software Providers using LSU
      • Extract & Transform HandiLedger Balance Sheet Report
      • Extract & Transform Handiledger Profit Loss
      • LSU: Extract & Transform Mas Sol6 Balance Sheet Report
      • LSU:Extract & Transform Mas Sol6 Profit and Loss Report
      • Extract & Transform Tally Balance Sheet Report
      • Extract & Transform Tally Profit and Loss Report
      • LSU: Import Financials from Jcurve
      • LSU: Import Financials from Manager
      • LSU: Import Financials from Wave
      • LSU: Import Financials from Mas Sol6
      • LSU: Import Financials from Pacsoft Optemizer
      • LSU: Import Financials from Saasu
      • LSU: Import Financials from SageOne/Handiledger/Handitax
      • LSU: Import Financials from Zoho
      • LSU: Import Financials from Handiledger
    • Software Assistant (Extract & Import)
      • Importing financials from Software Assistant
    • MYOB Account Right - Desktop version (Extract & Import)
      • MYOB AccountRight - Desktop version (Extract & Import)
    • MYOB Business Lite (Extract & Import ; using LSU)
      • LSU: Importing Financials from MYOB Essentials (using LodgeiT Smart Excel Utility)
      • Importing Financials from MYOB Business lite (Extract & Import)
    • MYOB Accounting Classic (Extract & Import)
      • MYOB Accounting Classic / MYOB Desktop Legacy (v13 to 19) - (Extract & Import)
    • Elite (Using LSU)
      • LSU: Importing Financials from Elite
    • MYOB - Accounting Legacy (using LSU)
      • LSU: Import Financials from MYOB Accounting
      • MYOB Accounting Legacy: Extract & Transform Financial Report
    • MYOB - Tax and Contacts (using LSU)
      • Using LSU: Extract, Transform and Import Financials from MYOB Tax & Contacts Balance Sheet Report
      • Using LSU: Extract, Transform and Import MYOB Tax & Contacts Profit and Loss Report
    • MYOB AO Classic
      • Using LSU: Import "MYOB AO Classic" Balance Sheet and Profit and Loss in LodgeiT
    • BGL Simple Invest 360
      • Financial import - BGL Simple Invest 360
      • BGL Simple Invest 360 Import Error: "Doesn't have a valid format"
  • General Accounting & Tax Knowledge
    • General Tax Knowledge
      • Accounting and Tax Facts for Dividends
      • Losses
      • Simpler Depreciation for Small Businesses
      • Cash vs Accrual Reporting in Tax Forms
      • Flow-through of Dividends from Company via Trust to Human Beneficiary
      • Flow-through of Dividends from Company via Trust to Company Beneficiary
      • Loss carry-back rules
      • Loss carry back tax offset calculation
      • Loss carry-back for companies
      • Loss carry-back offset (eligibility requirements)
      • Declining tax rates
      • Carry back rebate / CMN.ATO.CTR.W00009
      • Not eligible for tax offset
      • Tax Offset not equal to Tax Liability
      • Capital Gain Tax (CGT) distribution among investors
      • How to input "Current Loss" and "Later year Loss"? (CTR)
      • Reporting on a Cash Basis in the Company Tax Return
      • Cash Basis and Accrual Method for Company, Trust, and Partnership
      • "Decrease in Interest"
    • Effective Accounting Techniques
      • Preparing Accounts for LodgeiT
      • Understanding Accounting Reports
      • How to Ensure Accounts are Accurate
      • Accounting Depreciation Different to Tax Depreciation for SBE Company
      • Handling Dividend Reporting
      • Trust Beneficiary Loans in QuickBooks
      • How to account for Sole Trader Equity
      • Accounting for Livestock Activity
      • Options for Partnership Equity Accounting
      • Options for Trust Beneficiary Loan Accounting
    • Basic Accounting Literacy
      • Basic Accounting Literacy
    • Accounting to Tax Reconciliations
      • Logic of Reconciliation Section
  • LodgeiT Tools and Storage
    • Working Papers
      • Using Working Papers
      • Checking Workpapers : as an "accountant"
      • Checking Workpapers : as a "reviewer"
      • Checking Workpapers: for expected value
      • Delete workpapers
      • Import documents from files to workpapers
      • Remove 'documents/files' from Workpapers
      • Upload Documents to Workpapers
      • Working Papers - How to Revert a Set from Complete to Drafting
      • Worksheet and Ledger in Workpaper
    • Other Calculators & Tools
      • Access Borrowing Cost Calculator
      • Create & Manage Loans
      • Finding the Interest rate for the Hire Purchase (HP) Calculator
      • GST Reconciliation - Cash GST reporting and Accrual accounting
      • Notes
      • Structure of Loans
      • Depreciation
      • Calculators
      • Hire Purchase Rate Finder
      • GST and PAYG W Variance Analysis Using 'QuickBooks Online' Import
      • Using the Franking Account and Importing Tax & Transactions
      • Manage Hire Purchase (HP) Calculator
    • Share Register & Franking Account Tools
      • Working with the Share Register & Paying Dividends
      • How to use the Share Register & Franking Account
      • Dividends Paid and Franking Account
      • Add Dividends paid by the company to the Shareholders
      • Opening Balance - Franking Account
      • Understanding Franking Credits
      • Access Share Register (Issued Capital, Dividends, Class, Franking)
      • How to reconcile Franking Account?
      • How to Delete Dividend Schedule to the Tax Form
      • Dividend not showing in Tax Form
      • Franking Account Balance in Company Tax Return (CTR)
    • Depreciation Tools
      • Settings - Depreciation
      • ATO Guide to Depreciation
      • Depreciation FAQ's
      • Understanding our MAJOR 2024 Year Depreciation System Update
      • Migrate Tax Depreciation into Tax Returns
      • Adding Asset in Individual Tax Return (ITR) 2020 Onward
      • Initial Configurations for Setting up Depreciation Module
      • "Depreciation Report" for a Rental Property
      • Fixing Depreciation Start Date
      • Depreciating Assets Groups & Classes
      • Temporary Full Expensing
      • Using the General Pool Method
      • Depreciation Example with Plant and Equipment for a Business
      • Small Business Immediate Write Off
      • Non SBE Method Depreciation
      • Depreciation Rules (2019-21)
      • Rolling back (edit/delete) Asset and Asset Group
      • How to deactivate depreciation?
      • How to reset depreciation start date
      • How to dispose an asset
      • How to move an Asset from “Motor Vehicle” to “General Pool”
      • How to move an Asset from “Motor Vehicle” to “Low Value Pool”
      • How to move an Asset from “Plant and Equipment” to “General Pool”
      • CTR Depreciation: Gain Loss for Company Tax Return
      • CTR Depreciation: Using Immediate Write Off in Company Tax Return
      • CTR Depreciation: Using SBE General Pool in Company Tax Return
      • CTR Depreciation: Small Business Entities (SBE) Tax Rates, Reconciliation and Simpler Depreciation for Company Tax Return
      • CTR Depreciation: 5 Year Preliminary Expense Amortization (Section 40-880) in Company Tax Return
      • ITR Depreciation: Rental Property Low Value Pool (Deduction>D6)
      • ITR Depreciation: Work Related Motor Vehicle Logbook Method in Individual Tax Return
      • ITR Depreciation: Rental Property - Capital Allowance
      • ITR Depreciation: Rental Property - Capital Works Rental (Division 40 and Division 43)
      • ITR Depreciation: Work Related Expense + Private use for Individual Tax Return
      • Video : Basics of Depreciation including General Pool
      • Applying "Car Cost Limit"
      • FAQ: Pre 2014 Cars/Vehicle Depreciation Reduction
      • Motor vehicle with cost higher than the car limit and applying GST
      • ITR Depreciation: Low Value Pool Depreciation (D6) in Individual Tax Return Financial Investments
      • ITR Depreciation: Expense > SBE > P10
      • TTR/PTR Depreciation: Using SBE General Pool and Immediate Write Off in Trust or Partnership Tax Return
      • Depreciation: Profit on Sale / Recoupement
      • Depreciation for Self-Education Expenses
      • CTR Depreciation: Small Business Pool (SBE) - Temporary Full Expensing
      • CTR Depreciation: Capital Allowances > Temporary Full Expensing
      • Deprecation - Financial Investment
      • Work From Home - Other Work Related Expenses
      • Temporary Full Expensing (Using LodgeiT Depreciation Tools)
      • ITR Depreciation: Business and Private use
      • Opening Balance field not available
      • Low Value Pool (LVP) on 50% Taxable Use
      • SBE and Motor Vehicle Depreciation
      • Depreciation not injecting to Tax Forms
      • Part Depreciation of Capital Works
      • Deduction for decline in value
      • Item 18 - Other Depreciating Assets First Deducted
      • Motor Vehicle Written Off
      • Calculation: Prime Cost (Straight line) Method
      • "Difference in Depreciation Expenses"
      • Depreciation linking of Partner/Spouse
      • TRT and PTR: Small Business Entity (SBE) Item K: "Depreciation Expenses on Accounts" (simplified depreciation rules)
      • Multiple Rental Property
      • Move Asset to General Pool with correct OAV
      • Depreciation "Primary Production" and "Non Primary Production"
    • Tax Related Reconciling Tools
      • The Reconciliation Analyser
      • Activity Statement Analysis - Accounting System
      • The GST Analyser
      • Annual GST Analyser
      • Payroll Analyser
      • End of year Journal entries
      • The Payment / Refund Analyser
      • Trade Amendment Tool
      • True Balance Validator
      • Matching Integrated Account Facts with Activity Statement Facts
      • Downloading and Importing Integrated Account from ATO Portal
      • Importing and Using Company Tax Account Facts
    • Share Buy - Sell Tools
      • Manage Buys & Sells of Shares
      • Edit or Remove a Share Buy Sell Transaction
      • Manage the Sell of Shares that have been bought in different batches
    • Document Storage
      • Document Storage Overview
      • Understanding Document Types & Document Timeframes
      • Create "File" Date/Period
      • Attaching Documents in the Document Storage Area
      • Document Sub-Type for Financial Report
      • Document sub-type for Legal Document
      • Document Sub-Type for Reference Document
      • Document sub-type for Regulator Notice
      • How to search a "Document" via "Files"
      • Saving Accounting Data Files into Storage
  • Resources
    • Known Error Codes
      • CMN.ATO.GEN.430018
      • ABR Outage
      • CMN.ATO.AS.000161
      • CMN.ATO.CTR.428136
      • CMN.ATO.AUTH.007 / CMN.ATO.AUTH.008 - Not Authorized to Lodge
      • CMN.ATO.TPAR.000002
      • CMN.ATO.CGTS.402136
      • CMN.ATO.CGTS.402165
      • CMN.ATO.CGTS.402171
      • CMN.ATO.CGTS.402243
      • CMN.ATO.CTR.428049
      • CMN.ATO.CTR.430021
      • CMN.ATO.AS.EM024 / CMN.ATO.AS.EM139
      • CMN.ATO.AS.EM060
      • CMN.ATO.GEN.001001
      • CMN.ATO.GEN.001002
      • CMN.ATO.GEN.001011
      • CMN.ATO.GEN.200000 (old form)
      • CMN.ATO.GEN.300005
      • CMN.ATO.GEN.300006
      • CMN.ATO.GEN.400011
      • CMN.ATO.GEN.410214
      • CMN.ATO.GEN.428042
      • CMN.ATO.GEN.430050
      • CMN.ATO.GEN.430081
      • CMN.ATO.GEN.430136
      • CMN.ATO.GEN.430142
      • CMN.ATO.GEN.430245
      • CMN.ATO.GEN.430250
      • CMN.ATO.GEN.432016
      • CMN.ATO.GEN.432686
      • CMN.ATO.GEN.434147
      • CMN.ATO.GEN.438002
      • CMN.ATO.GEN.438063
      • CMN.ATO.GEN.438065
      • CMN.ATO.GEN.438067
      • CMN.ATO.GEN.500055
      • CMN.ATO.GEN.EM0005
      • CMN.ATO.IITR.000266
      • CMN.ATO.IITR.210003
      • CMN.ATO.IITR.30001
      • CMN.ATO.IITR.310000
      • CMN.ATO.IITR.310054
      • CMN.ATO.IITR.310104
      • CMN.ATO.IITR.310105
      • CMN.ATO.IITR.410009
      • CMN.ATO.IITR.EM0028
      • CMN.ATO.PSS.000025
      • CMN.ATO.PSS.000031
      • CMN.ATO.RDTIS.438003
      • CMN.ATO.RDTIS.438043
      • CMN.ATO.RS.000150
      • CMN.ATO.SMSFAR.436021 - Audit date incorrect
      • CMN.ATO.SMSFAR.436066
      • CMN.ATO.SMSFAR.436202
      • CMN.ATO.SMSFAR.436352
      • CMN.ATO.SMSFAR.436632
      • CMN.ATO.SMSFAR.437133
      • CMN.ATO.TFND.000113
      • CMN.ATO.TPAR.000013
      • CMN.ATO.TPAR.000016
      • CMN.ATO.TRT.432179
      • CMN.ATO.TRT.432687
      • CMN.ATO.WRE.000061
      • CMN.ATO.WRE.000070
      • Description of activity length must not exceed 36 characters
      • Description of activity length must not exceed 36 characters
      • Error : Accounting System connection is Invalid
      • Other Country (Post Code)
      • SBR.GEN.AUTH.003
      • SBR.GEN.AUTH.006
      • Software ID / SBR.GEN.AUTH.008
      • CMN.ATO.CTR.428099
      • CMN.ATO.CTR.428352
      • CMN.ATO.CTR.428019 Previous name without either ARBN or ACN
      • CMN.ATO.IITR.EM0054
      • Dividends and Interest - Address error code
      • CMN.ATO.IITR.730270
      • CMN.ATO.IITR.730378 / CMN.ATO.730434
      • CMN.ATO.IITR.000254
      • CMN.ATO.IITR.304102 - Estimated eligible income is incorrect
      • CMN.ATO.IITR.730377
      • CMN.ATO.IITR.730417
      • CMN.ATO.GEN.010028
      • CMN.ATO.TRT.432112
      • CMN.ATO.DDCTNS.000155
      • CMN.ATO.IITR.000237
      • CMN.ATO.IITR.600097
      • CMN.ATO.IITR.000200
      • CMN.ATO.IITR.EM0003- "Relationship" to date must be the "Frm" date
      • CMN.ATO.IITR.730359 - Foreign income tax offset amount is incorrect
      • Error: In order to send E-signature request for this documents the client must have at least one relationship with Trustee."
      • CMN.ATO.CGTS.402157
      • Error: E- Total adjustable values at end income year cannot be negative
      • Error: The GrossPayment field is required
      • CMN.ATO.IITR.310018
      • CMN.ATO.IITR.310026
      • Error: CMN.ATO.CTR.430018
      • CMN.ATO.IDS.440558
      • CMN.ATO.IITR.00023 (action code required)
      • CMN.ATO.GEN.500134
      • CMN.ATO.GEN.430001
      • CMN.ATO.AS.EM063
      • CMN.ATO.IITR.730376
      • CMN.ATO.FTER.408053
      • Error: Invalid Characters
      • CMN.ATO.SMSFAR.437185
      • CMN.ATO.IITR.730263 (Working Holiday Maker with Business)
      • CMN.ATO.IITR.200026
      • CMN.ATO.TRT.432181
      • CMN.ATO.SMSFAR.437169
      • CMN.ATO.TRT.432632
      • CMN.ATO.DDCTNS.000209
      • CMN.ATO.IITR.730435
      • CMN.ATO.AS.EM065
      • CMN.ATO.IITR.100031
      • CMN.ATO.AS.EM061
      • CMN.ATO.IITR.300040
      • CMN.ATO.IITR.310006
      • CMN.ATO.IITR.EM0042
      • CMN.ATO.INCDTLS.000255
      • CMN.ATO.IITR.100029
      • CMN.ATO.CTR.500231 / CMN.ATO.CTR.500161 / CMN.ATO.CTR.50022
      • Trust this device
      • Oops! Something went wrong under the hood
      • CMN.ATO.IITR.730456
      • CMN.ATO.INCDTLS.000116
      • CMN.ATO.AUTH.011
      • CMN.ATO.LDGPROG.EM60230
      • CMN.ATO.GEN.434088
      • Superannuation Lump Sum Payments in Individual Tax Return (ITR)
      • CMN.ATO.IITR.EM0043
      • CMN.ATO.CTR.500224 - Income Tax liability must be greater than O
      • CMN.ATO.IITR.730302
      • CMN.ATO.TRT.432723
      • CMN.ATO.IITR.730150 (Working holiday Maker / WHM)
      • CMN.ATO.TRT.432796
      • CMN.ATO.IITR.730221
      • CMN.ATO.GEN.500126
      • CMN.ATO.IITR.310003
      • CMN.ATO.CTR.428313
      • Dangerous Request
      • Error Code 50137
      • CMN.ATO.GEN.EM0019
      • LGT.GEN.ERR.0000009
      • Error: Lodgement is missing on ATO
      • Error: "We could not process your request due to malformed syntax"
      • CMN.ATO.IITR.730411
      • B - Closing stock cannot be negative
      • "Amendment received before original return lodged"
      • B-Closing Stock cannot be negative
      • CMN.ATO.CTR.500312
      • CMN.ATO.IITR.300012
      • CMN.ATO.PSS.000024
      • CMN.ATO.IITR.EM0013
      • CMN.ATO.IITR.730485
      • Error: "Net income or loss from Business, it needs to be equal.." (primary and non-primary)
      • Error: The client you transmitted is not associated with the agent number
      • CMN.ATO.AS.EM0001
      • Error: Uh oh, there's a connection problem
      • CMN.ATO.GEN.DUPLICATE.ENTRY
      • CMN.ATO.IITR.EM0070
      • CMN.ATO.RNTLPRPTY.000107 / CMN.ATO.RNTLPRPTY.000111
      • How to Add or Change "Preferred Trustee or Director Contact Details" for SMSFAR
      • Error: CMN.ATO.GEN.0002
      • CMN.ATO.SMSFAR.436349
      • CMN.ATO.AS.EM005
      • CMN.ATO.GEN.200001
      • CMN.ATO.IITR.601024
      • CMN.ATO.GEN.EM0001
      • CMN.ATO.PTR.430144 / CMN.ATO.PTR.430706
      • Error: International dealing CMN.ATO.CTR.428384 / CMN.ATO.CTR.428385
      • CMN.ATO.IITRPRFL.000018
      • CMN.ATO.CGTS.402184
      • CMN.ATO.CTR.500157
      • CMN.ATO.IITR.001089
      • CMN.ATO.AS.EM141
      • CMN.ATO.INCDTLS.000120
      • CMN.ATO.CUDTL.EM61047
      • CMN.ATO.IITR.000247
      • CMN.ATO.CTR.428376 (old form)
      • CMN.ATO.CTR.428136 (old form)
      • CMN.ATO.RDTIS.438214 - Part D - Aggregated Turnover
      • CMN.ATO.IITR.300039 - Business Loss Activity
      • CMN.ATO.IITR.311054
      • CMN.ATO.GEN.500143
      • CMN.ATO.TRT.432288
      • CMN.ATO.PAYG.000166 / CMN.ATO.PAYG.000167 (Payment Summary Form)
      • CMA.ATO.CTR.W00022
      • CMN.ATO.GEN.410009
      • CMN.ATO.LS.414208 - Ownership and business continuity test
      • CMN.ATO.CTR.430016
      • CMN.ATO.TRT.432235
      • CMN.ATO.TRT.432622 / CMN.ATO.TRT.432863
      • CMN.ATO.GEN.430132
      • CMN.ATO.IITR.EM0002
      • CMN.ATO.IITR.100046
      • CMN.ATO.GEN.XML03
      • CMN.ATO.INCDTLS.000320 / CMN.ATO.INCDTLS.000327
      • CMN.ATO.TRT.433084 - Share of net small business income
      • Error: Net Capital Gain Cannot be Negative
      • CMN.ATO.TRT.433085
      • CMN.ATO.DDCTNS.000100
      • CMN.ATO.IITR.730183
    • Old Forms
      • Validation Errors on Old Forms
      • Old Form : Trust Tax Return Form 2015
      • Old Form: With ABN and without business income/ANZSIC
      • Attaching a Losses Schedule for an Old Form
      • TRT Old Form: Net Primary Production Income or Loss
      • "Payment Summary schedule must be present if Gross payments where ABN not quoted is present"
      • Old Form - CMN.ATO.TRT.432210
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Solution home Tax Forms Individual Tax Return

WHM and LITO (Low Income Tax offset)

Modified on: Mon, 25 Nov, 2024 at 9:25 AM

Select as "NO" in the Australian Resident line, so that LITO will not be reflected in the tax form.
New full offset amount of LITO (thresholds and rates) of ATO. LodgeiT is following this new formula.


https://www.ato.gov.au/Individuals/Income-and-deductions/Offsets-and-rebates/Low-and-middle-income-earner-tax-offsets/#Lowincometaxoffset
 


Note: A working holiday maker can be an "Australian Resident" for tax purposes if the taxpayer meets the criteria required by ATO.

ATO link here 


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