Individual Tax Return

Car Expense for Business - Individual Tax Return (ITR)
From the Form Individual Tax Return, select "Business" Tab and press the sub type "Business Income & Expenses" Scroll down to Mot...
Fri, 17 Nov, 2023 at 1:08 PM
Validating Work Expenses for Individual Tax Return (ITR)
Work-related expenses reported via SBR may not validate without the relevant evidence code. The evidence code guaranteed to validate -
Tue, 11 Aug, 2020 at 7:39 PM
Spreadsheet Example - Sole Trade Comparatives
See attached spreadsheet example for Sole Trade Comparatives. Related Article: Using LodgeiT Smart Excel Utility to Create Financial Reports for a Sole...
Wed, 8 Apr, 2020 at 10:39 AM
Where to Enter Fringe Benefit into Individual Tax Return (ITR)
Add a  PAYG Complete the details including for RFBA. (Note that the section may already be prefilled by the ATO)
Mon, 7 Sep, 2020 at 12:45 PM
SAPTO for Widow/er for Individual Tax Return (ITR)
If a person doesn’t have a spouse then Single code should be set in  T1. Dependent children are not taken into account.  Example: The Seniors and pensio...
Thu, 27 Jul, 2023 at 1:40 PM
Senior tax Offset (SAPTO) for Individual Tax Return (ITR)
"Senior and pensioner tax offset" can be found via  "Estimate" tab. Make sure birthdate is correct, or adjust it via "Settings>...
Fri, 6 Jan, 2023 at 1:22 PM
Personal Superannuation Deductions in Individual Tax Return (ITR
To add a personal super deduction -  1. Select the form, click the four little square located in the upper right section. 2. Activate other expenses. ...
Tue, 11 Aug, 2020 at 7:49 PM
Applying PRIOR YEAR LOSS - Individual Tax Return (ITR)
Tax Losses of Earlier Income Years Losses brought forward should be reflected here. Those losses are then available to offset any taxable income. Finally,...
Tue, 10 Nov, 2020 at 11:57 AM
Individual Tax Return (ITR) with Partnership (with $20K loss assessable income)
Turn on "Partnership" from "4 little square" (located top right of your ITR form) From "Income" tab, select &qu...
Mon, 7 Sep, 2020 at 12:49 PM
Non-Australian Resident with Interest income - Individual Tax Return (ITR)
Taxpayer who is a non-Australian resident and has interest income. If the person was outside Australia when he received interest then amount would be taxed...
Sat, 7 Aug, 2021 at 10:53 PM