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HandiTax - Code O for Lump sum payments in arrears at item 24 category 1 in HandiTax

Updated over 2 months ago

Item 24 Other Income Lump sum payments in arrears

For Lump sum payments in arrears, do not include lump sum payments in arrears relating to superannuation income streams.
There is no code O for Lump sum payments in arrears at item 24, category 1.
HandiTax will source the information from the fields below, then automatically transfer it to item 24.

  • Main form I - INCDTLS326 'Salary or wages lump sum in arrears’.

    Lump sum in arrears
  • Foreign Employment PAYG summaries - INCDTLS177 'Foreign employment income lump in arrears'.​

    Foreign employment income lump sum in arrears
  • Foreign Income Worksheet - INCDTLS213 'Foreign pension or annuity lump sum in arrears’.

    PART B: Foreign entities
  • These 3 different fields from the INCDTLS that make up the 'Lump sum payments in arrears' total for item 24, Category 1. In HandiTax we handle this appropriately and transfer the amounts to Item 24 Category 1. E.g. 5,500 + 3,500 + 2,500 + 3,000 = 14,500 (as below) Transferred amounts.

    Other Income
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