Individual: Income
Question: Where we could enter foreign property loss which needs to be carry forward? Answer: If your foreign capital losses exceed your capital gains, y...
Thu, 5 Dec, 2024 at 1:15 PM
Error: CMN.ATO.INCDTLS.000014 - Superannuation income stream component amounts are incorrect. Answer: The error "CMN.ATO.INCDTLS.000014" is the...
Thu, 5 Dec, 2024 at 1:04 PM
Note: The "Net financial investment loss" is ONLY for losses, it auto fill if the form has loss from "financial investments". Learn more...
Tue, 22 Apr, 2025 at 8:04 AM
Illustration. A client who owned a property jointly with husband for a period and she owned 100% after divorce settlement, but for entire period she had on...
Mon, 13 Jan, 2025 at 1:21 PM
Error: Total CGT Discount applied amount is incorrect Please turn-off “Utilise losses manually” Via "Income" > "Capital Gain", o...
Thu, 14 Nov, 2024 at 12:57 PM
The sum of A and B is the same as 18V. For Capital Gains, LodgeiT uses design from Capital gains paper schedule. ATO form- https://iorder.com.au/publ...
Fri, 25 Oct, 2024 at 11:31 AM
Activate "Trust" via Manage section Via Item 13 ,select "Trust" from the Income tab, "Add Worksheet" Open the Trust, and...
Fri, 7 Feb, 2025 at 6:58 AM
Illustration: A Shares owned by two taxpayers, and need to allocate 1/2 for each (50%) Fill-up the "Less cost incurred", click the line "+...
Wed, 12 Feb, 2025 at 8:32 AM
Question: I have a capital gain in this current year and need to know what section i input to reduce the capital loss that was carried over from previous ye...
Tue, 26 Nov, 2024 at 7:40 AM