LodgeiT

Individual: General 16

• Activate "Individual Tax Return" Reporting Module/Manage Sections
• Preparation of an Individual Tax Return (ITR)
• Spreadsheet Example - Sole Trade Comparatives
• Franking Credit Form (Refund) / Short Refund Return
• Auto fill contact details

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Individual: Income 93

• Adding "Dividends" manually
• Label 18: Capital Gains (CGT)
• Label 18: Capital Gains (CGT) - Multiple Trust Distributions
• Worksheet: Capital Gain Tax (CGT) "Granular method"
• IT1: Add Reportable fringe benefits amount

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Individual: Deductions/Expenses 9

• "Deductions" tab
• D12 - Personal Superannuation Deductions
• "Validating" Work Related Expenses (D5)
• D11: Deductible amount of UPP Foreign Pension or Annuity
• Government Super Co-Contribution

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Individual: Offsets 10

• Senior tax Offset (SAPTO)
• T1 Seniors & Pensioners (SAPTO) for Widow/er
• How Lumpsum tax offset calculated?
• Invalid Carer Tax Offset
• Invalid Careers Payment (T5)

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Individual: Medicare 9

• Private Health Codes
• Medicare Levy not available/NIL (not showing in "Estimate" tab)
• How to Reduce Medicare Levy
• Calculating off-set for private health insurance rebate non resident
• Medicare Levy Surcharge

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Individual: Adjustments 3

• Part Year Tax Free Threshold
• How to Report Holiday Makers Wages
• A1: Adjustments for Under 18 Excepted Net Income

Individual: Business 24

• Description of Main Business
• Applying PRIOR YEAR LOSS
• Business & PSI Income
• Car Expense for Business
• Completing the Business Section of Individual Tax Return (ITR)

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Individual: Income Test 4

• IT6: Adjusted Taxable Income (ATI) and Net Rental Property Loss calculation
• Adjusted Taxable Income (ATI) and Estimated Total Income
• Child Support
• Income Test: Estimated Total Income and Estimated Eligible Income

Individual: Estimates 22

• HELP-HECS Debt
• HECS Repayment Calculation
• Where to find HECS-HELP Repayment?
• Low Family Income / Repayment Threshold for HECS
• Claiming back the withholding tax for non-resident

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