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Dividends

How to report dividends when you lodge your return using myTax.

Last updated 26 June 2014

This section is about dividends from shares in Australian companies.

We may have pre-filled your return with dividend information provided to us. Check for any dividends you received that are not shown in the information that has been pre filled and add them.

Dividends and distributions include:

  • dividends applied under a dividend reinvestment plan
  • dividends that were dealt with on your behalf
  • bonus shares that qualify as dividends
  • distributions by a corporate limited partnership
  • dividends paid by a corporate unit trust, public trading trust or listed investment company.

Answering this question

You will need your statements from each Australian company that paid you dividends or made distributions to you between 1 July 2013 and 30 June 2014.

Do not include dividends or a distribution on which family trust distribution tax has been paid.

You must read question 11 to find out how to complete this question if:

  • you had shares and were under an obligation to make, or were likely to make, a related payment
  • within 45 days of buying shares (90 days for certain preference shares), you either sold them or entered into an arrangement to reduce the risk of making a loss on them, or
  • you received or were credited with amounts
    • related to a non-share equity interest
    • by a private company, as a shareholder or associate of a shareholder, in the form of payments, loans or debts forgiven
    • by a trustee of a trust in the form of payments, loans or debts forgiven where a private company in which you were a shareholder, or an associate of a shareholder, had an unpaid present entitlement from the trust.

Completing your tax return

  1. Look at your information and check any details prefilled in your return. Add any missing dividends by clicking on the 'add dividend' button and completing all the information. Include details of any joint accounts.
  2. Click on 'Save'.
Instructions on completing your individual tax return using myTax.

QC38809