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W Total member closing account balances

Last updated 24 March 2021

Was the SMSF wound up during 2015–16?

No

Write at W the total value of all member account balances on 30 June 2016.

The amount at W must equal the total of all the S Closing account balance amounts in sections F and G.

Yes

  • Leave W blank.
  • You must have answered Yes in Section A at 9 Was the fund wound up during the income year?
  • Go to X.

 

If you have used a contribution reserve strategy for concessional contributions as described in TD 2013/22, ensure that the amount you calculate and write at W includes contributions that were received in 2015-16, even where they were not allocated to a member's account until the following financial year.

QC48236