I have a Bank Account with my Defacto. We invested money from the account and made interest and had tax withheld from the interest earnings. Upon preparing our returns the interest and tax withheld appears on both tax returns and is calculated for our returns. My thinking is this amounts to double dipping. Surely, only half the interest and tax withheld should be calculated on each of our individual returns. Can someone clarify this for me.
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117 views
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