Individual Tax Return

Trust Capital Gains in Individual Tax Return (ITR)
Please follow the following steps to update the Trust capital gains in ITR. Activate the Capital gain and save it. Please select the option "Y...
Mon, 7 Sep, 2020 at 12:54 PM
How to Use Deferred Business Losses - Individual Tax Return (ITR)
For this example, I have current year deferred losses of 999 & Prior Year Deferred Losses of 1000. Business --->Net Income Deferred Los...
Tue, 11 Aug, 2020 at 7:41 PM
How to use Deferred Business Losses (Carried forward Loss) in Individual Tax Return (ITR)
For my example I have current year deferred losses of 999 & Prior Year Deferred Losses of 1000. Business --->Net Income Deferred Losses Busine...
Wed, 20 Jan, 2021 at 7:43 AM
Income Averaging in Individual Tax Return (ITR) - Non Primary
To calculate tax on taxable income for Special professional income. 1. Turn-on "Other income" via 4 little square located at top right of the CTR...
Mon, 7 Sep, 2020 at 12:56 PM
HELP Debt - Individual Tax Return (ITR)
Help debt calculates automatically in LodgeiT.
Tue, 11 Aug, 2020 at 7:42 PM
Non Resident Foreign Income (NRFI) Schedule - Individual Tax Return (ITR)
NRFI schedule section can be found in the ITR under the "Income tab" if a person is non-resident -  Related article: Foreign Sou...
Tue, 11 Aug, 2020 at 7:43 PM
Foreign Income - Individual Tax Return (ITR)
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...
Tue, 11 Aug, 2020 at 7:50 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>...
Tue, 11 Aug, 2020 at 7:51 PM
Managed Fund -Individual Tax Return (ITR)
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- ...
Tue, 11 Aug, 2020 at 7:51 PM
Calculating off-set for private health insurance rebate non resident Individual Tax Return (ITR)
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