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 Individual Tax Checklist
Information required from a resident individual.
The following information, if applicable, is required to be furnished to prepare a taxation return by an individual taxpayer not carrying on a business.
Income:
- salary and wage
- allowance, earnings, tips, directors fees
- lump sum retirement payments for unused annual leave and long service leave
- eligible termination payments
- commonwealth government allowances and payments
- non-exempted pensions
- employment related allowances and benefits
- investment income - interest, dividends and property rental
- income from partnerships and trusts
- personal services income
- net capital gains
- foreign sourced income
- life insurance and friendly society bonuses
Deduction:
- expenditure incurred in deriving assessable income (section 8-1)
- other employment-related deductions - depreciation, repairs, subscriptions
- gifts and donations
- contribution to political party or candidate
- tax agent's fee and other income tax related expenses - interest paid to ATO
- personal superannuation contributions by person not covered by employer superannuation support (s 82AAT(2))
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