Completing the Rental Schedule
To complete the rental income and expenses for individual tax return see Rental Income and Expenses (Individual returns only).
Other return types
Dissecting income and expenses
If, for record keeping purposes, you need to dissect individual income and expense amounts, click [Alt+S] at any of the labels to open a Dissection Grids. Entries made in the grid will be totalled and the total integrated to the relevant field in the Rental schedule. When printing the schedule the dissection details will always be printed as part of the schedule.
Rental Property details
Field | Description |
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Address of Rental Property | Three lines are provided for the address:
|
Acquisition and Disposal details | These fields are mandatory for Rental Schedules attached to Partnership and Trust returns. For Individual returns they are for record keeping purposes only at this stage. Amounts of income and expenses should be entered in the Amount column of the host schedule. The apportioned shares are calculated and displayed in the Share column of the host and destination schedules when the Share icon or [F8] is selected in the host schedule. |