12. Income tax calculation statement

Last updated 12 July 2020

A Taxable income

Write at A the amount of taxable income of $1 or more. This amount is the amount shown at O Taxable income or loss item 11 when the Loss code box is blank.

Write 0 (zero) if you have no taxable income or have a tax loss.

B Gross tax

C Rebates, offsets, foreign credits

C1 Credit: Foreign tax credit

C2 Credit: Rebates and tax offsets

D Sub-total

E Section 102AAM interest charge

F Eligible credits

F1 Credit: Interest on early payments

F2 Credit: Foreign resident withholding

F3 Credit: ABN/TFN not quoted (non-individual)

F4 Credit: Refundable franking credits

G PAYG instalments raised

I Total amount due or refundable

QC20485