Show download pdf controls
  • Question 25

    Attention

    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

    This question requires you to show the amount of debt deductions you claimed under section 25-90 and the amount of loss you made from financial arrangements you have claimed under subsection 230-15(3) of ITAA 1997.

    To complete this question, ascertain the total amount of debt deductions you have claimed under section 25-90 or the total amount of the losses you made from financial arrangements you have claimed under subsection 230-15(3).

    You must complete B item 25 even if you have not claimed debt deductions or a loss from financial arrangements under section 25-90 or subsection 230-15(3).

    At B item 25, write the total amount of your debt deductions or loss from financial arrangements claimed under section 25-90 or subsection 230-15(3), respectively, of the ITAA 1997 for the income year (costs in relation to a debt interest or losses from a financial arrangement in deriving non-assessable non-exempt income under section 23AI, or 23AK of the ITAA 1936, or subdivision 768-A of ITAA 1997).

    If you did not claim any debt deductions under section 25-90 or any loss from a financial arrangement under subsection 230-15(3) for the income year, write 0 (zero) at B.

    Last modified: 06 Nov 2018QC 55230