Item D14 - Forestry managed investment scheme deduction

See Item D14 Forestry managed investment scheme on the ATO website for further information.

Did the taxpayer make contributions to a forestry managed investment scheme (MIS)?

Forestry managed investment scheme deduction amounts will integrate from the FMIS worksheet (fms).

Click label F to open the Forestry managed investment scheme worksheet (fms). If you've completed this at income item 23: Label A, the expenses amount will have been passed to this item already. Otherwise key the pre-calculated amount.

The amount at label F in the income tax return is passed to the Deductions schedule, item D14:

CCH References

18-020 Registered agricultural managed investment schemes

18-125 Timber plantation concessions