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  • V Total assessable income

    Work out the SMSF's total assessable income or loss for 2016–17: take Y Exempt current pension income away from W Gross income.

    Write the answer at V. If the SMSF has no total assessable income, write 0 at V. If the amount at V is a loss, print L in the Loss box at the right of the amount.

    Last modified: 19 Feb 2018QC 51269