Individual Tax Return
Turn-on Financial Image in LodgeiT Go to Form, Click the "Four Little squares" Turn-on "Adjustment" image After Turning-on "...
Mon, 15 Feb, 2021 at 10:50 AM
It is important to use the correct tax code for your private health otherwise the tax calculations made by LodgeiT may be different than what you would expe...
Mon, 10 Jul, 2023 at 1:26 PM
Question: Why the Medicare Levy does not reduce when client is only a resident for 10 months? Note: The tax payable has adjusted just not the medicare. Ans...
Thu, 5 Jan, 2023 at 12:15 PM
Question: Why isn’t John Doe being levied with the Medicare Levy Surcharge?, it't not coming up to the "Estimate" Answer: MLS is 0$ ...
Thu, 11 Aug, 2022 at 12:41 PM
Start by enabling business reporting, via financial image - Navigate to Business Activate PSI & report "Yes" if and necessary. Comple...
Wed, 17 Nov, 2021 at 9:00 AM
Activate the "Business" section. Note: LodgeiT doesn't support financial statements or depreciation data allocation among multiple business w...
Tue, 14 May, 2024 at 12:03 PM
Personal services income (PSI) is income produced mainly (more than 50%) from your skills or efforts as an individual. Activate "Business" ...
Thu, 16 May, 2024 at 10:56 AM
Question: I have a tax return with PSI. How do i allocate the non deductible expenses from the business section to PSI ...
Sat, 14 Aug, 2021 at 9:03 PM
Short refund return should only be used in the case where there is only dividends and franking credits in an Individual Tax Return. In "Income Tax Ret...
Thu, 16 May, 2024 at 11:22 AM
First, Activate "Business" section via top right of the form "four little square" To record partnership deferred losses, navigate ...
Thu, 16 May, 2024 at 9:14 AM