Step 3 Work out your total current year capital gains



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

End of attention

Add up all the capital gains you received from funds (grossed up where necessary) together with any capital gains from other assets. Write the total of all of your capital gains for the current year at H item 17 on your tax return (supplementary section).

If you have any capital losses, do not deduct them from the capital gains before showing the total amount at H.

Example 22: 'Other' method

Tim's fund also distributed a capital gain of $100 calculated using the 'other' method. Tim includes $900 ($800 + $100) at item 17 on his tax return (supplementary section).

End of example
Last modified: 04 Mar 2016QC 19437