Part B - Completing the capital gains section of your tax return



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

End of attention
  • Item 17 of the 2004 tax return for individuals
  • Item 9 if you use the tax return for retirees


Step 1 - Types of CGT assets and CGT events

Step 2 - Calculating your current year capital gain or capital loss for each CGT asset or CGT event

Step 3 - Total current year capital gains

Step 4 - Capital losses

Step 5 - Applying current year capital losses

Step 6 - Applying prior year net capital losses

Step 7 - Applying the CGT discount

Step 8 - Applying the small business CGT concessions

Step 9 - Working out your net capital gain

Step 10 - Capital losses carried forward to later income years

Read this first

Are you an individual?

If you are completing a tax return on behalf of an individual (rather than an entity), read this part of the guide.

If you need help completing the:

Is your entity a company, trust or fund?

If the tax return is for a company, trust or fund, go to part C of this guide.

Last modified: 04 Mar 2016QC 27527