Item 14 - Label O - Other Australian income

Click this link for comprehensive information on Other Australian income on the ATO website.

Show at O the total amount of other Australian income. If the amount is a loss key a negative before the amount.

The amount and description of the income may be entered directly in the main return.

Description: Enter the description that best describes the income being disclosed. To add extra entries in the main return click [Ctrl+Ins].

Amount: This is the total amount for the income described.

Alternatively, use the Other Income schedule (oi) to dissect the amount to integrate to label O and to save keying descriptions on the face of the return. Click label O to open the worksheet. Refer to Other Australian source income worksheet (oi).