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3 weeks ago
Im having an issue with the calcuations when adding a super co-contribution to a 2017 tax return. Under Item A3, when clicking on 'Quick access to Government co-contributions what if?', the total amount of wages is automatically being enetered into business income- there isnt any business income and I have checked that I havent accidently entered anything into a business income item. What is strange is the business income that is being displayed is exactly the same as the income from wages. As a result, its pushing this individual out of the income bracket for co-contributions. Am I doing something wrong? Or is the tax return not calculating the information correctly?
Any help would be greatly appreciated thank you
3 weeks ago
Thanks for your post, and welcome to the MYOB Community Forum - we hope you find it a great resource.
As there are many items that can affect the way a Super Co-Contribution (and many other components of a tax return) are calculated, please give our support team a call on 1300 555 666 - they will be able to provide some guidance - and we may require a copy of the return, so that we can check the calculations etc correctly.