Individual: Offsets
"Senior and pensioner tax offset" can be found via "Estimate" tab. Make sure birthdate is correct, or adjust it via "Settings>...
Wed, 2 Oct, 2024 at 9:49 AM
Make sure to activate "Tax Offset" via manage section If a person doesn’t have a spouse then "Single" code should be set in T1 Tax ...
Wed, 2 Oct, 2024 at 11:31 AM
Question: 1. Can you please explain how the lump sum tax offset calculated? 2. Why has it not allowed the full amount? I believe that the client is in t...
Mon, 25 Nov, 2024 at 11:55 AM
LodgeiT calculated by an algorithm and based on the ATO If the result with LodgeiT is not matching with the ATO calculator, please send us the copy...
Wed, 11 Dec, 2024 at 10:32 AM
Illustration: In this case, we submitted a claim on behalf of a client, but the ATO contacted us because the system had miscalculated the offset amount. In...
Wed, 18 Dec, 2024 at 2:25 PM
Question: How to put capital losses in the managed fund section and offset these against capital gains? Answer: Other refundable tax offsets: exploration ...
Thu, 12 Dec, 2024 at 12:44 PM
Illustration: How to claim $3,000 for spouse as deduction? Activate "Tax Offsets" from Financial Image and fill the T3 Section Learn more from ...
Tue, 17 Dec, 2024 at 8:03 AM