Item 17 - Net Farm management deposits and repayments 2018 2018
From 1 July 2016, the maximum amount that can be held by an individual primary producer in FMDs at any time is $800,000 (up from $400,000).
Refer to Item 17 - Net Farm management deposits and repayments on the ATO website.
A Farm management deposits and repayments schedule is provided at this label [Alt+S] to record details of FMD transactions. The amounts entered in the schedule integrate to item 17 in the main return. Refer to Farm Management Deposits and Repayments (fmd) 2018 2018 2018.
CCH References
18-290 Farm management deposits scheme
18-295 Making a farm management deposit
18-310 Withdrawing a farm management deposit