• W Total member closing account balances

    Was the SMSF wound up during 2015–16?

    No

    Write at W the total value of all member account balances on 30 June 2016.

    The amount at W must equal the total of all the S Closing account balance amounts in sections F and G.

    Yes

    • Leave W blank.
    • You must have answered Yes in Section A at 9 Was the fund wound up during the income year?
    • Go to X.

     

    If you have used a contribution reserve strategy for concessional contributions as described in TD 2013/22, ensure that the amount you calculate and write at W includes contributions that were received in 2015-16, even where they were not allocated to a member's account until the following financial year.

    Last modified: 12 Aug 2016QC 48236