Question: For NAB shares, there is a capital gain of $2,129.27. For property sale, there is a capital gain of $19,418.10. Both amounts have been utilised. Therefore, why the total current year capital gain of 21,916 which cost the total taxable income? Can you explain to us how to exempt the current year capital gain?

Answer: You should utilize capital gain by entering "Current year" or "Prior year losses".

 The option “Utilize losses manually” should be used only to distribute already entered losses.

Learn more from this guide: Capital Gain Tax (CGT) Worksheet