Individual: Income

Rental Worksheet for Individual Tax Return (ITR)
This guide explains how to report rental income and related expenses in the Individual Tax Return (ITR) within LodgeiT. Add Rental Property to the Tax Retu...
Thu, 4 Sep, 2025 at 2:34 PM
ATO Prefill is more than 20 items under interest income?
QUESTION: Interest income section has 22 line items. How do I add them all in the Interest income section of the Individual Tax Return form?  ANSWER: Sin...
Tue, 16 Sep, 2025 at 7:30 AM
Guide for Reporting Trust Income on Individual Tax Return
This guide covers two scenarios for reporting trust income on an individual tax return: When the Trust is a Client When the Trust is Not a Client 1. Wh...
Wed, 8 Oct, 2025 at 12:50 PM
ITR Error Code: CMN.ATO.INCDTLS.000428
The error code CMN.ATO.INCDTLS.000428 indicates that there is a validation issue within the income details section of the tax return. Specifically, it sug...
Wed, 22 Oct, 2025 at 1:31 PM
Other income or loss relating to carrying on a business
Illustration: The business operates as a service-based entity, not a financial investment. How to remove amount via IT5 Net Financial investment loss? ...
Tue, 28 Oct, 2025 at 11:39 AM