Individual Tax Return
Help debt calculates automatically in LodgeiT.
Tue, 11 Aug, 2020 at 7:42 PM
Example 1 Question: If there is a HECS debt repayment, it seems to add this to the amount of the refund due? Answer: This is correct. HECS repayment ...
Wed, 2 Aug, 2023 at 2:15 PM
NRFI schedule section can be found in the ITR under the "Income tab" if a person is non-resident - Note: "Australian Resident" as YES ...
Tue, 10 Jan, 2023 at 7:12 AM
Be sure to activate the section via the 4 squares via Top right of the form 20 E Add Gross Assessable Foreign Source Income here. i.e. before relat...
Wed, 28 Feb, 2024 at 11:44 AM
It's now possible to enter Managed Funds Income in a single panel rather than having to navigate around the tax form. Select "Income" tab- ...
Thu, 5 Jan, 2023 at 9:43 AM
Notes: You can claim the private health insurance rebate as a reduction in the amount of private health insurance premiums you pay to your insurer. Altern...
Mon, 7 Sep, 2020 at 12:56 PM
Open the form and press " Income > PAYG " Add worksheet via "1 - Salary or Wages" Fill via "24 Y Lump sum payments E"
Mon, 7 Sep, 2020 at 12:57 PM
"Assessable government industry payments" button indicates if payments include a fuel grant under the energy grants credits scheme or fuel tax cre...
Mon, 7 Sep, 2020 at 12:58 PM
Cashflow Boost is under a "Government Industry Receipts" and its tax free - classify as Grants Tax form view Income Tab LodgeiT will r...
Wed, 23 Sep, 2020 at 1:02 PM
Classify Jobkeeper as - The income will reflect in the tax return as - Reference: ATO- Tax treatment of JobKeeper Payments ATO - Jobkeep...
Wed, 23 Sep, 2020 at 1:07 PM