How to make "Nil" the "Tax losses carried forward to later income years"?

Modified on: Wed, 10 Apr, 2024 at 10:40 AM

Illustration: The business has $108,972 Carry FORWARD loss at box "13U-Tax losses carried forward to later income years", and it needs to carry back the schedule/worksheet, how to make this as nil?

Solution:

Press the "Edit"

Then, input the amount $108,972 in "SUBTRACT Tax Losses deducted" field to make 13U zero/nil.

Result-

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