Individual: Income

Adding "Dividends" manually
Go to "Forms" and click the created ITR. Make sure to activate "Dividends" via manage section Via item 11- "Dividends"...
Wed, 2 Oct, 2024 at 9:17 AM
Capital Gains (CGT)
Activate "Capital Gain" from Financial image  You have 2 methods: a. Fill the form manually b. Granular approach a. Fill the form ...
Wed, 2 Oct, 2024 at 12:52 PM
Capital Gains (CGT) - Multiple Trust Distributions
Activate Capital Gains from the Manage Section If you are in the form, then press the manage section From in the form, select Capital Gains via Income...
Wed, 2 Oct, 2024 at 1:12 PM
Worksheet: Capital Gain Tax (CGT) "Granular method"
The way of recording costs incurred for assets to align with ATO cost base rules. The Capital proceeds is the amount of money received as a result of a CGT ...
Wed, 2 Oct, 2024 at 1:06 PM
Add Reportable fringe benefits amount
Add a  PAYG via Income section Complete the details including for RFBA "Reportable fringe benefits amount" via IT1 (Note that the section may ...
Wed, 2 Oct, 2024 at 10:02 AM
How to show estimated PAYG Instalments
How to show estimated PAYG Instalments on ITR (Individual Tax Return) Estimate Navigate to Tax Estimate on ITR Note YES  at show PAYG Instalments payabl...
Tue, 5 Nov, 2024 at 1:48 PM
Income Averaging - 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...
Wed, 6 Nov, 2024 at 1:41 PM
Foreign Source Income
Be sure to activate "Foreign Income"  via the 4 squares via Top right of the form 20 E Add Gross Assessable Foreign Source Income here.  i.e....
Sat, 9 Nov, 2024 at 11:09 AM
Managed Fund Distribution
Activate "Trust" via manage sections Select "Income" tab, and select "Trust" Learn more from the ATO Related guides:...
Thu, 12 Dec, 2024 at 12:47 PM
Special Professional Income
This includes authors of literary, dramatic, musical, or artistic works, inventors, performing artists, production associates, or active sportspersons. Spec...
Mon, 25 Nov, 2024 at 12:59 PM