If you receive Error: IITR.311085 Total CGT discount applied amount is incorrect when using the Capital Gains worksheets:
In the CGT Schedule, remove any manual entries you have entered at Item 2, Capital Losses.
For each Capital Gains worksheet with gains, or within the Managed Funds Schedule, use the Application of Losses section to apply losses against these gains.
In the CGT Schedule, enter Y at the first question to automatically transfer data from the Capital Gains worksheets and Managed Funds Schedules. This ensures amounts flow into the correct fields.