• W Total member closing account balances

    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

    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: 20 Apr 2017QC 48236