Partnership Return

https://help.myob.com/wiki/x/q7GyAQ

Close

How satisfied are you with our online help?*

Just these help pages, not phone support or the product itself

0

1

2

3

4

5

Very dissatisfied

Very satisfied

Why did you give this rating?

It's hard to find information

Instructions are hard to follow

Content isn't detailed enough

It doesn't fix my software problems

Anything else you want to tell us about the help?

On the ATO website click these links:

For an overview of key changes Tax Time 2017.
To open the Partnership tax return instructions. There is no PDF file to download for the Partnership instructions.

An Interposed Entity Election or Revocation (Schedule Y) may be attached to the return and lodged via ELS/PLS by selecting it from the Preparation > Schedule menu.

A Standalone Interposed Entity Election (Schedule YY) may be prepared and lodged separately from the Partnership return.

Data Entry

The item and labels are listed for data entry on a set of tab cards:

Schedules that are lodged accompanying the return

Schedules that are lodged with the main income tax return to support other data in the return are:

Acronym	Description
amd	Amendment schedule (amd)
A	Other attachments schedule (att)
ids	International dealings schedule (ids)
ps	Payment summary schedule (PS)
rep	Rental property schedule (rep)
y	Interposed entity election/revocation schedule (Y)

Forms

Forms associated with Companies that are lodged separately are:

Acronym	Description
cue	Client update for entities (CU)
eft	Direct debit authorisation (Form EM)
ga	Business activity statement - BAS (GA)
gb	Instalment activity statement (GB)
gi	Annual instalment activity statement (GI)
gr	Annual GST return (GR)
yy	Standalone interposed entity election/revocation schedule (YY)

Worksheets

Worksheets that support the return but do not generate lodgable attachments are:

Acronym	Description
a	Schedule A Reconciliation
b	Schedule B (business income worksheet)
c	Schedule C (primary production worksheet)
ces	Consolidation eligibility (subsidiary) (ces)
d	Depreciation worksheet (d)
dai	Deductions relating to Australian investment income (dai)
dip	Distributions from Partnerships worksheet (dip)
dit	Distributions received from Trusts worksheet (dit)
div	Gross dividends worksheet (div)
esi	Early stage investor (ESIC)
esv	Early stage venture capital limited partnership (ESVCLP)
exc	Exploration credits worksheet (exc)
fip	Financial Investment income and deductions 2017 (fip)
fms	Forestry managed investment scheme worksheet (fms)
for	Foreign income worksheet (for)
g	Capital gains worksheet (g)
int	Interest income worksheet (int)
it	Intangible/Tangible depreciating assets worksheet (it)
mve	Motor vehicle worksheet (mve)
oi	Other Australian source income worksheet (oi)
pyl	Prior year losses worksheet (pyl)
sbe	Small business entities eligibility worksheet (sbe)
sbc	Small business income worksheet (sbc)
sbw	Capital works deductions worksheet (sbw)
sda	Small business entity depreciating assets worksheet (sda)
tof	Taxation of financial arrangements worksheet (tof)
xP	Partnership distribution (xP)

Processes for Partnership returns include:

For a PDF version of the Partnership Return and Statement of Distribution showing ELS/PLS tags and Tax codes click this link - Tag_image.pdf

Back to Income Tax Returns

Related topics

Page tree

Data Entry

Processes for Partnership returns include:

Was this information helpful?

Why not?

How would you improve this page?

Thanks! Anything you'd like to add?

Returns

Activity Statements

Forms and Schedules

Using MYOB AE/AO Tax