Item 10 - Forestry managed investment scheme income (partnership)

See Item 10 FMIS income on the ATO website.

Show at label Q the total income from all the following activities in the forestry interests that the partnership holds in its FMIS. The amount shown will depend on the points below.

Complete item 50 label G if you've included income or deductions from Forestry MIS investments at label Q.

Harvest and sales are CGT events because these events result in the partnership no longer holding some or all of its forestry interest.

Tax provides the Forestry managed investment scheme worksheet (fms) at this item. The income and deductions integrate from the worksheet to this label and to item 17 label D. See Forestry managed investment scheme worksheet (fms).