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Step 2 - Working out the amount to include in assessable income

Last updated 26 May 2005

Box F

Insert the total of any unapplied previous FIF losses. [subsection 542(2)]

If it is not already the case, you must convert the unapplied previous FIF loss to the same currency as the gross FIF income - that is, the amount in box E. [subsection 542(8)]