Section 2C: How to complete the capital gains item on your entity's tax return

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Once you have completed the CGT schedule, you need to complete your entity's 2001-02 tax return by following these steps:

• transfer the amount at G in part H of your entity's CGT schedule to A Net capital gain on your entity's tax return
• add amounts at H and I in part I of your entity's CGT schedule and print the total amount at Losses information, V Net capital losses carried forward to later income years on your entity's tax return.

Remember to lodge your tax return and your CGT schedule together.