Individual Tax Return

Personal Concessional deductions (ITR > D12)
Wed, 9 Jun, 2021 at 12:57 PM
Unfranked Dividend with no TFN withholding for Non resident
Question:  I have an individual who is not a resident for tax. They have rental losses which carry forward however they also received an unfranked dividend ...
Fri, 25 Jun, 2021 at 8:21 AM
Country of Residence
Option to choose country of residence is only available in 2020 year. In previous years user can fill Other Attachments Schedule in Individual section of th...
Fri, 25 Jun, 2021 at 8:50 AM
NRAS (Share of National Rental Affordability Scheme Tax Offset)
Tue, 6 Jul, 2021 at 9:30 AM
WHM and LITO (Low Income Tax offset) for Individual Tax Return (ITR)
You should select as "NO" in the the Australian Resident line, so that LITO will not be reflected in the tax form. New full offset amount...
Thu, 7 Sep, 2023 at 7:23 AM
Child Care Payment
Question: Can the client claim for child care paid and also enter child care subsidy received in his tax return? Answer: Child care subsidy is exempt. So n...
Tue, 6 Dec, 2022 at 8:18 AM
Special Professional Income
Question: The software is calculating the tax incorrectly despite the same figures , i have checked with different softwares and it seems that lodgeit is ca...
Tue, 29 Aug, 2023 at 1:50 PM
Interest on loans for shared owner
Question: Rental property interest portion is not flowing through to all respective shares in the rental property section of the tax return Answer: Make s...
Wed, 6 Oct, 2021 at 8:43 AM
Dividend difference (Taxable and Accounting Facts)
Question: Can you explain the difference of this  "Dividends"  Answer: If there is an import of  financials, it will show in item " Dividend...
Mon, 11 Oct, 2021 at 9:13 AM
Adjusted Taxable Income (ATI) and Net Rental Property Loss calculation
Question: I noticed the ATI didn't take off the rental loss Gross Wage $104657+ interest $251 less Deduction: $2586 =$102322 ATI The software didn...
Thu, 14 Oct, 2021 at 7:14 AM