Part B-Completing item 17 2002 tax return for individuals
This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.
End of attention
Step 1 Types of CGT assets and CGT events
Step 2 Calculating your current year capital gain or capital loss for each CGT asset or CGT event
Step 3 Total current year capital gains-H item 17
Step 4 Capital losses
Step 5 Applying current year capital losses
Step 6 Applying prior year net capital losses
Step 7 Applying the CGT discount
Step 8 Working out your net capital gain-A item 17
Step 9 Capital losses carried forward to later income years-V item 17
Read this signpost before you read part B or part C of this guide
Are you an individual?
Read part B of this guide, and only read part C if you need help completing the sample worksheets.
Is your entity a company, trust or fund?
Read part C of this guide. The steps outlined will show you whether you need to read section 1 or section 2, or both.
Do you expect your entity's total capital gains or total capital losses for the current year to be $10,000 or less?
Work through section 1 of part C. You only need to refer to section 2 of part C if your entity's total capital gains or total capital losses are greater than $10,000 in 2001-02.
Do you expect your entity's total capital gains or total capital losses for the current year to be greater than $10,000?
Work through section 2 of part C. You will be referred back to section 1 of part C if you need help with the worksheets.
Last modified: 06 Oct 2009QC 27417