I am trying to enter a capital gain from a property owned overseas into a 2024 company ITR. The ATO guidance says it should be entered at label 7A, 8G & 8R. When I complete label 8G it automatically fills to label 6R, therefore overstating the income. Is there a field that I am missing?

Forum Discussion

11 days ago

Foreign Capital Gain in a company

I am trying to enter a capital gain from a property owned overseas into a 2024 company ITR. The ATO guidance says it should be entered at label 7A, 8G & 8R. When I complete label 8G it automatically fills to label 6R, therefore overstating the income. Is there a field that I am missing?

AU Tax

2 Replies

Isaiah_C
MYOB Moderator
11 days ago
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Hi MMcKenzie,

We're not sure on this one, but hopefully someone in the community can help you out! If you don't have any luck, it might be worth checking with your accountant for guidance.

Regards,

Sai
Amy_M1
MYOB Staff
9 days ago
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Hi MMcKenzie!

I currently have an open case with you regarding this issue, I will contact you as soon as I have an update!

Thanks,
Amy

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Hi MMcKenzie,

We're not sure on this one, but hopefully someone in the community can help you out! If you don't have any luck, it might be worth checking with your accountant for guidance.

Regards,

Sai

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Hi ,

We're not sure on this one, but hopefully someone in the community can help you out! If you don't have any luck, it might be worth checking with your accountant for guidance.

Regards,

Sai

Hi MMcKenzie!

I currently have an open case with you regarding this issue, I will contact you as soon as I have an update!

Thanks,
Amy

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Hi MMcKenzie!

I currently have an open case with you regarding this issue, I will contact you as soon as I have an update!

Thanks,
Amy

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