LodgeiT

Activate "Partnership" via manage section When preparing your individual income tax return (ITR) that includes partnership distributions, yo...

This is applicable only for a tax form year 2020-Present. Press "Income" and select "Foreign", scroll through item 20. "Add ...

Illustration: How to claim $3,000 for spouse as deduction?  Activate "Tax Offsets" from Financial Image and fill the T3 Section Learn more from ...

Estimated total income is the gross income from all sources less certain deductions, such as expenses, allowances and reliefs. If you are married or in a ci...

Make sure to use correct "Type", and system automatically calculating, depending on the "Purchase date" of the item.  You may a...

The Excess Concessional Contributions are counted as personal assessable income taxed at the marginal tax rate. Learn more from the ATO LodgeiT has a works...

Illustration: For NAB shares, there is a capital gain of $2,129.27, and for the property sale, there is a capital gain of $19,418.10. Both amounts have been...

This "Trust Account Consent Authority" inside the Individual Tax Returns, is a declaration to be completed if the tax payer requests the deduct fe...

You need to include a bonus amount  this item if all the following conditions apply:  You received the bonus amount, or directed how it is to be dealt wit...

The ATO introduced two measures to support small businesses, the Small Business Technology Investment Boost and the Small Business Skills and Training Boost...