Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Charlec(Newbie)Newbie
21 Sept 2023

Hello,


I am completing my tax return. I have been completing the 'Managed fund distributions' section using the annual tax statement from my investment.


What is the reference number? Is this the HIN?


I have filled in all of the boxes which relate to the letters and numbers (eg. 13U. , 13C., 13Y etc). Two of the fields I am unsure of what to enter. These are Capital Gains - discount method & Capital Gains - other method.


At 18.A. Total net capital gain - $350

At 18.H Total current year capital gains - $700

Capital gains - discount method - Unsure if this is applicable

Capital gains - other method - Unsure if this is applicable


For the last two I am unsure whether this is applicable. Can you explain what these are and what needs to be included for these two items? I still have the shares (I have not sold these) and I am not part of any dividend reinvestment plan.


Regards,


C

847 views
1 replies
847 views
1 replies

Most helpful response

Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
22 Sept 2023

At 18.A. Total net capital gain - $350

At 18.H Total current year capital gains - $700

Capital gains - discount method - 350

Capital gains - other method - 0


All replies

Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
22 Sept 2023

At 18.A. Total net capital gain - $350

At 18.H Total current year capital gains - $700

Capital gains - discount method - 350

Capital gains - other method - 0


Loading
Managed fund distributions (Capital gains - discount method item) | ATO Community