• Worksheet 1: Working out your sole and joint income

    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

    Worksheet 1 will help you to complete:

    • F item A3 by separating joint income from solely earned income
    • G item A3 by separating employment or business income from non-employment or business income.

    Step 1 Complete column (b) in worksheet 1 by transferring the appropriate amount from your 2015 tax return for the items listed in column (a).

    Step 2 For each amount in column (b), write the amounts in columns (c), (d), (e) or (f).

    Apportion each amount in column (b) into columns (c), (d), (e) and (f) depending on the source of that income. If the income came from:

    • a trust, show it in column (c)
    • you individually, show it in column (c) or (d) as appropriate
    • a partnership, show it in Worksheet 3
    • a joint income group, show it in column (e) or (f) as appropriate.
    • If you have more than three joint income groups, duplicate columns (e) and (f) on a separate sheet of paper.
    Worksheet 1: Working out your sole and joint income

     

     

    From (b) work out how much of your income is solely earned and jointly earned across these columns.

    Income group 1

    Income group 2

    Income group 3

    (a)

    (b)

    (c)

    (d)

    (e)

    (f)

    (e)

    (f)

    (e)

    (f)

    Income shown at the following labels:

    Gross amount of income on your tax return

    Solely earned income

    Jointly earned income

    Jointly earned income

    Jointly earned income

    that is not from employment or business

    from employment or business

    that is not from employment or business

    from business

    that is not from employment or business

    from business

    that is not from employment or business

    from business

    1.

    Interest (from L item 10)

     

     

     

     

     SHADED

     

     SHADED

     

     SHADED

    2.

    Dividends (from S, T and U item 11)

     

     

     

     

     SHADED

     

     SHADED

     

     SHADED

    3.

    Share of net income from trusts (from L, U and C item 13)

     

     

     SHADED

     

     SHADED

     

     SHADED

     

     SHADED

    4.

    Farm management repayments (from N and R item 17)

     

     

     

     SHADED

     SHADED

     SHADED

     SHADED

     SHADED

     SHADED

    5.

    Foreign entities (from K and B item 19)

     

     

     

     

     SHADED

     

     SHADED

     

     SHADED

    6.

    Gross foreign source income (from E and F item 20)

     

     

     

     

     SHADED

     

     SHADED

     

     SHADED

    7.

    Gross rent (from P item 21)

     

     

     SHADED

     

     SHADED

     

     SHADED

     

     SHADED

    8.

    Bonuses from life insurance companies and friendly societies (from W item 22)

     

     

     SHADED

     

     SHADED

     

     SHADED

     

     SHADED

    9.

    Forestry managed investment scheme income (from A item 23)

     

     

     

     

     

     

     

     

     

    10.

    Other income (from Y and V item 24)

     

     

     

     

     

     

     

     

     

    Total gross income (Add up each column.)

     

     

     

     

     

     

     

     

     

    Step 3 Transfer totals to:

     SHADED

    (a) on
    worksheet 6

    (b) and (c) on worksheet 6

    (j) on
    worksheet 2

    (k) on
    worksheet 2

    (j) on
    worksheet 2

    (k) on
    worksheet 2

    (j) on
    worksheet 2

    (k) on
    worksheet 2

    Last modified: 29 May 2015QC 44194