Individual Tax Return
Make sure to activate "Tax Offset" via manage section If a person doesn’t have a spouse then "Single" code should be set in T1 Tax ...
Wed, 2 Oct, 2024 at 11:31 AM
Activate "Business" via manage section From the form Individual Tax Return (ITR), select "Business" Tab and press the sub type "...
Thu, 31 Oct, 2024 at 12:00 PM
"Senior and pensioner tax offset" can be found via "Estimate" tab. Make sure birthdate is correct, or adjust it via "Settings>...
Wed, 2 Oct, 2024 at 9:49 AM
Personal superannuation deductions refer to the amounts that individuals can claim as a deduction on their personal income tax return for contributions they...
Wed, 6 Nov, 2024 at 1:34 PM
See attached spreadsheet example for Sole Trade Comparatives. Related Article: Using LodgeiT Smart Excel Utility to Create Financial Reports for ...
Tue, 14 May, 2024 at 12:09 PM
Question: Where to put capital allowance recoupments? Answer: Activate "Capital Gains" via manage section Once activated, complete the "W...
Thu, 3 Oct, 2024 at 12:10 PM
Turn on "Partnership" via manage section (located top right of your ITR form) From "Income" tab, select "Partnership", pres...
Thu, 3 Oct, 2024 at 12:17 PM
Scenario: Taxpayer who is a non-Australian resident and has interest income. If the person was outside Australia when he received interest then amount woul...
Mon, 4 Nov, 2024 at 9:47 AM
Assuming a partnership loss is entered under partnership income- You will need to activate "Business" via manage section. Navigate ...
Tue, 5 Nov, 2024 at 1:46 PM
Activate "Adjustments" via manage section For older form (2019) Enter the date of arrival of new resident that is entitled for "A2 - part y...
Thu, 3 Oct, 2024 at 1:29 PM