Individual Tax Return
Work-related expenses reported via SBR may not validate without the relevant evidence code. The evidence code guaranteed to validate -
Thu, 16 May, 2024 at 7:47 AM
See attached spreadsheet example for Sole Trade Comparatives. Related Article: Using LodgeiT Smart Excel Utility to Create Financial Reports for ...
Tue, 14 May, 2024 at 12:09 PM
Add a PAYG
Complete the details including for RFBA. (Note that the section may already be prefilled by the ATO)
Mon, 7 Sep, 2020 at 12:45 PM
If a person doesn’t have a spouse then Single code should be set in T1. Dependent children are not taken into account. Example: The Seniors and pensio...
Thu, 27 Jul, 2023 at 1:40 PM
"Senior and pensioner tax offset" can be found via "Estimate" tab. Make sure birthdate is correct, or adjust it via "Settings>...
Fri, 6 Jan, 2023 at 1:22 PM
Personal superannuation deductions refer to the amounts that individuals can claim as a deduction on their personal income tax return for contributions they...
Thu, 16 May, 2024 at 10:20 AM
Tax Losses of Earlier Income Years Losses brought forward should be reflected here. Those losses are then available to offset any taxable income. Finally,...
Mon, 13 May, 2024 at 2:06 PM
Turn on "Partnership" from "4 little square" (located top right of your ITR form)
From "Income" tab, select &qu...
Mon, 7 Sep, 2020 at 12:49 PM
Taxpayer who is a non-Australian resident and has interest income. If the person was outside Australia when he received interest then amount would be taxed...
Sat, 7 Aug, 2021 at 10:53 PM
Assuming a partnership loss is entered under partnership income- You will need to activate "Business" via manage section. Navigat...
Thu, 16 May, 2024 at 8:33 AM