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O Taxable income or loss

Last updated 12 February 2019

Show at O the taxable income or loss by subtracting N Total deductions from V Total assessable income item 10. If the amount calculated is an overall loss for the year, print L in the Loss box at the right of the amount. This label is mandatory. You must include an amount at this label even if it is zero (if zero write 0).

QC44343