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HandiTax - Error CMN.ATO.IITR.310070

Updated over a month ago

SBR error IITR.310070.
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Net capital losses carried forward incorrect. The sum of unapplied net capital losses carried forward on the Capital Gains Tax schedule must equal Net capital losses carried forward to later income years on the main income tax return.
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Example:

  • Item 18 Net Capital losses carried forward to later income years is $144,926.

  • Capital Gain tax (CGT) schedule, Item 3 Unapplied net capital losses carried forward A + B = $144,926.

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