myTax 2017 Net farm management deposits or repayments

This section is for primary producers only.

If you made farm management deposits (FMD) or had repayments during 2016–17, see Net farm management deposits or repayments before completing this section.

Completing this section

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

You may need:

• your account statement from your FMD provider
• Information for primary producers
• Farm management deposits scheme.

1. Add up your deductible deposits you made in 2016–17, and enter the total into Deductible deposits.
2. Add up your early repayments you withdrew during 2016–17 that qualify for the natural disaster or drought exception, and enter the total into Early repayments – natural disaster and drought.
3. Add up FMDs you held for 12 months or more that were repaid during 2016–17, and enter the total into Other repayments.
4. Select Save.
5. Select Save and continue.