This label covers the amount of election expenses for local, territory or federal candidates that may have been incurred by the taxpayer.

Election Expenses is supported by the generic dissection worksheet attached at this label. To complete the Dissection Grid for Election expenses, enter the:

• Schedule Description: The standard description defaults from the title of the item or label from which the worksheet was opened. This can be modified.

• Details and Income amount: Income amounts cannot be negative.

• Quantified Amounts: To add extra lines to the grid for quantified amounts click [Ctrl+Ins]. You must enter a rate at each line, if the rate is not significant enter 1.

Press label J to open the Other deductions worksheet (ode). For dissection purposes, this worksheet provides a row for each type of deduction, and assists with the correct calculation of the Adjusted Taxable income so that income from financial investment may be reflected at item IT5.