Item 17 - Net Farm management deposits and repayments
See Item 17 - Net Farm management deposits and repayments on the ATO website for further information.
From 1 July 2016, the maximum amount that can be held by an individual primary producer in FMDs at any time is $800,000.
You can complete this item by keying pre-calculated values into the relevant fields, or
Click label D to open the Farm management deposits and repayments worksheet (fmd) to record details of FMD transactions. See Farm Management Deposits and Repayments (fmd).
We'll filter the values through to the main return labels D, N, R and E when you close the worksheet.
CCH References
18-290 Farm management deposits scheme
18-295 Making a farm management deposit
18-310 Withdrawing a farm management deposit