Individual Tax Return

Partnership Losses - Individual Tax Return (ITR)
Assuming a partnership loss is entered under partnership income, Then you will need to activate business information in order to report the partnership los...
Tue, 11 Aug, 2020 at 7:44 PM
Part Year Tax Free Threshold - Individual Tax Return (ITR)
 Turn-on Financial Image in LodgeiT Go to Form, Click the "Four Little squares" Turn-on "Adjustment" image After Turning-on "...
Mon, 15 Feb, 2021 at 10:50 AM
Private Health Codes - Individual Tax Return (ITR)
It is important to use the correct tax code for your private health otherwise the tax calculations made by LodgeiT may be different than what you would expe...
Mon, 10 Jul, 2023 at 1:26 PM
How to Reduce Medicare Levy
Question: Why the Medicare Levy does not reduce when client is only a resident for 10 months? Note: The tax payable has adjusted just not the medicare. Ans...
Thu, 5 Jan, 2023 at 12:15 PM
Medicare Levy not available/NIL (not showing in "Estimate" tab)
Question: Why isn’t John Doe being levied with the Medicare Levy Surcharge?, it't not coming up to the "Estimate"  Answer:  MLS is 0$ ...
Thu, 11 Aug, 2022 at 12:41 PM
Business & PSI Income - Individual Tax Return (ITR)
Start by enabling business reporting, via financial image - Navigate to Business Activate PSI & report "Yes" if and necessary. Comple...
Wed, 17 Nov, 2021 at 9:00 AM
Completing the Business Section of Individual Tax Return (ITR)
Activate the business section Answer the PSI Questions Be sure to report Primary AND/OR Non Primary Business Income Be sure to report the split. Th...
Wed, 15 Apr, 2020 at 9:35 AM
PSI - Item 14 - Individual Tax Return (ITR)
Question: How To Add PSI item 14? Solution: 1.  Activate  "Business " via Financial image 2.  Make sure to answer "YES" "Di...
Tue, 11 Aug, 2020 at 7:54 PM
Non Deductible expenses - PSI
Question: I have a tax return with PSI. How do i allocate the non deductible expenses from the business section to PSI  ...
Sat, 14 Aug, 2021 at 9:03 PM
How to Revert from Short Refund Return - Individual Tax Return (ITR)
Short refund return should only be used in the case where there is only dividends and franking credits in an Individual Tax Return.
Tue, 11 Aug, 2020 at 7:57 PM