The completion of the CGT labels on your entity's 2003–04 tax return involves a three-step process (for entities with capital gains or capital losses under the $10,000 threshold) or a four-step process (for entities with capital gains or capital losses over the $10,000 threshold):
Step 1 |
Calculate the capital gain or capital loss for each CGT event that happens during the 2003–04 income year using the Capital gain or capital loss worksheetThis link will download a file (PDF 50KB)This link will download a file. |
Step 2 |
Calculate the net capital gain or net capital loss for the 2003–04 income year using the CGT summary worksheet (PDF 205KB)This link will download a file. |
Step 3 |
Complete the capital gains item on your entity's tax return. |
Step 4 |
If required, complete a CGT schedule. |