LodgeiT

Error: CMN.ATO.INCDTLS.000014 - Superannuation income stream component amounts are incorrect. Answer: The error "CMN.ATO.INCDTLS.000014" is the...

Question:  My client receives income as a beneficiary of family trust and he is eligible to claim Small business income tax offset of $1000 in his individu...

Error: CMN.ATO.IITR.40044 - Spouse's or de facto spouse's first name must not exceed 15 Characters. Solution: Make sure to unlock the form first,...

Question: Is it possible to have adjustments that the ATO make for super contributions factored into the refund? Answer:  Add via Division 293 tax section ...

Question:  I have a new client with carried forward losses in her individual return. She has Primary Production Losses and Non Primary Losses. Her income t...

Illustration:  A client ITR FY 2023 and she has HECS HELP DEBT $185478. However, her taxable income is 42392. Therefore, based on ATO she should not need t...

Where to find HECS-HELP Repayment? HECS Repayment Calculation ITR: How is "Compulsory Higher Education Loan repayment (HELP)" calculates? Lo...

This is how it calculates: 20M1 Total dividend income or managed investment scheme income from foreign companies" + "20F Total Australian frankin...

Income of minors is subject to special rules and they may pay tax on certain types of income at a higher rate.  Learn more from the ATO -  Your income if ...