• Section 2C: How to complete the capital gains item in your entity's tax return

    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

    Once you have completed the CGT schedule, you need to complete your entity's 2000-01 tax return by following these steps:

    • transfer the amount at G in Part H of your entity's CGT schedule to label A-Net capital gain in your entity's tax return, and
    • add amounts at labels H and I in Part I of your entity's CGT schedule and print the total amount at Losses information, label V-Net capital losses carried forward to later income years in your entity's tax return.

    Remember to lodge your tax return and your CGT schedule together.

    Last modified: 31 Aug 2010QC 16195