Individual Return For a list of changes in Tax for the current release select the link Using MYOB AE/AO Tax . Click this link for See the ATO website for 2017 on the ATO website. Click this link ATO information on What’s new when completing the Individual tax return. Data EntryData entryThe return items are grouped by category in a series of Tab Cardstab cards: INSERTIMAGE Image Removed Image Added Cover information.including items.including Deductions items and Losses. Offset items in Form EI (including items. and Health insurance.Adjustments Credits, A1 Under 18, (including HECS/TSL/SSL & ABSTUDY SSL/SFSS repayment income) A2 Part year tax free threshold, A3 Government super contributions, A4 Working holiday maker net income, A5 Amount on which Family Distribution Tax has been paid and C1 Credit for interest on early payments. Income Tests. Spouse Details Item SD (Consent for spouse's FTB repayment). Business and Professional items. To navigate to any item in the Individual return: To go forward through the tab cards, press [Ctrl+Tab]. To go back through the tab cards, press [Ctrl+Shift+Tab]. The navigation pane displays the items for the tab card that is open. Any item may be selected from the navigation pane. Pointing the mouse at a field and left clicking once will move focus to that field. The [Tab] UI Expand |
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title | To navigate to an item in an individual return |
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| Left-click in a field to move focus to that field. Press F2 and type an item number to move to the first field at that item. - Press Shift+F2 for a summary of entered items for the current and previous income years.
Select an item from the navigation pane. The navigation pane displays the items relevant to the tab card that is open. The Tab key moves forward through the items on the
| open tab card.Pressing [F2] and keying a known item number move to the first data entry field at that item. Lodgable window. To go forward through the tab cards, press Ctrl+Tab To go back through the tab cards, press Ctrl+Shift+Tab.
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| Data entered in ‘lodgable’ schedules |
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| will generate to the Individual return for lodgment that is lodged with the ATO. |
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| Lodgable LodgableATO schedules are: |
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| amd - () bk - att - Other attachments schedule (att) (A) bj - Interest and Dividend Deductions (BJ) (g)fi - schedule (FI)pl - Superannuation lump sum schedule (PL) ps - (PS) py - Employment Termination Payments (PY) ren - Rental Schedules (B and BR) w - Work related expenses - ATO Schedule (W) UI Expand |
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| Forms associated with individual returns that are lodged separately are: |
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| For dissection purposes, a | Generic Schedule generic schedule or a data entry grid | , is provided at all fields | for which where no specialised worksheet is provided. The following list shows worksheets that support the return but do not generate lodgable attachments. These worksheets are opened | for a Form EI by aga - by clicking the item label or selecting Preparation > Schedule: |
a - Schedule A Reconciliation worksheet ()agp - Pensions and Allowances worksheet (agp)asi - worksheet ()sbt - Share of net small business income worksheet (sbt) sbc - Small business income worksheet (sbc) b - Schedule B (business income worksheet) bla - P9 Business Loss Activities Schedule (bla) (P9) bon - Life insurance comp and friendly societies bonuses, Bonus Offsets g - Capital gains worksheet (g)esv - c - Schedule C (primary production worksheet) ddd - Dividend Deductions (ddd) dip - Distributions from Partnerships worksheet (dip) dit - Distributions received from Trusts worksheet (dit) div - Gross dividends worksheet (div) egc - Additional PAYG Payment Summary (egc) emp - Employee Share Schemes worksheet (emp) epi - Interest on early payments worksheet (epi) eps - Emergency Payment schedule (eps) esi - Early stage investor (ESIC) ESVCLPfms - fil - IT5 Financial investment income and deductions (fil) fmd - Farm Management Deposits and Repayments 2017 (fmd) worksheet () for - worksheet ()idd - Interest Deductions worksheet (idd) int - Interest income worksheet (int) it - Intangible/Tangible depreciating assets worksheet (it) lcr - lcroiv - mls - Medicare Levy Surcharge (mls) mlv - Medicare Levy Worksheet and Part-Year Tax-Free Threshold mve - Motor vehicle worksheet (mve) oiy - Other income - Category 1 worksheet worksheetphi - oos - Other refundable tax offset worksheets ove - Overseas Pensions/Annuities and Salary Income worksheet (ove) pen - Annuity and Super Income Stream Offset (pen) ()psc - Personal superannuation contributions (psc) pyl - Prior Year Losses Worksheet (pyl) - Individuals ref - Foreign Rental Property Worksheet (ref) rpl - IT6 Net Rental income and deductions (rpl) sbe - worksheet ()sbw - Capital works deductions worksheet (sbw) scc - Spouse Superannuation Contribution Offset Worksheet sco - Super Co-contributions What-if sdt - Special Disability Trusts Offsets worksheet sed - Expenses worksheet ()shz - Invalid and invalid carer and Zone offset worksheet (shz) ssc - Superannuation super contribution worksheets (scc) tfi - IT4 Target Foreign Income worksheet (tfi) tgp - Tax-free Government pensions worksheet (IT3) (tgp) u - Minors worksheet (Schedule U) xPG - PAYG (GDP-Adjusted Instalment Estimate) Worksheet xPI - PAYG Instalment Income Estimate Worksheet (xPI) Tax Offsets for the Individual return are: Forms Forms associated with Individual returns that are lodged separately are: Summary of Entered Items [Shift +F2] UI Expand |
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title | Processes for individual returns |
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| Processes for individual returns include: | Tax Estimate: Tax Offsets. Estimate []Interactive Validation Summary [F3] Printing Returns Lodging Returns using the Electronic Lodgment Service (ELS) Assessment Details Amending Lodged Returns Customising Return Properties Standalone Form for Refunds Family Assistance Consent Where the Individual UI Expand |
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title | PAYG Instalment Estimates |
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| Where an individual is liable to pay PAYG | Instalments 2 What Instalment instalment estimates may be created (Instalment Income by Base rate xPI or | a estimate may be created , by opening the relevant one from the Preparation > Schedule menu and electing to use values from | one of either the current year or the | 2 two immediate prior year returns. | For a PDF version of the Individual tax return showing ELS tags and Tax codes click this link - Tag image PDFIncome Tests Back to Income Tax Returns |