This is the first year I am preparing my tax return with an investment property. It's straight forward enough (rental income, expenses, etc) that I don't want to engage anyone to do it for me, but I am struggling to find where to add the Div 43 depreciation allowance. I have a Capital Allowance and Tax Depreciation Schedule report, the allowance for Div 43 year 24/25 is $5809, do I add it to the "Rental Expenses" under "Total capital allowances - manually calculated" box?
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108 views
1 replies