Illustration.
Allocating expenses 50% to both owners of the property.
Select "Income", and choose "Capital Gains"
Make sure to toggle "YES" for "Did you have a CGT event during the year?"
Open the worksheet.
Inside the worksheet, please input 50 in the "Use%" field, so that 50% will be allocated as cost incurred for both the spouses.
Please ensure that "NO" is selected in the field "Do not sync total costs between all the co-owners".
The "Less Cost Incurred" and other details are automatically injected to the partner.
Notes:
- Make sure that the "Capital Gain" is activated to the partner's "manage section"
- The shares/percentage is only applied to the worksheet figures and details
ie if the partner has "Prior year net capital losses other", you need to manually report this to the other partner (not auto injected)
