Hi all, Dug up an old thread because I couldn’t find anything more recent.
With the tax return i’m just wondering if the “total capital gains for the year” and the “net capital gains for the year” can be entered as a single figure in their respective columns under “capital gains or losses” without providing further information. I understand that if a total capital gain is over $10,000 then you have to also add those figures to the “capital gains tax schedule”
In my case, total capital gain is above $10,000.
Do i have to “add” each transaction into “other CGT information” ? Ie. Share ticker, broker costs, buy/sell values.
I have previously calculated total capital gain, net capital gain (after deducting capital loss on some investments throughout the year) and have an approximate cgt tax figure.
Hoping to avoid the time wasting data input as i have approx 70 transactions for the year.
