Trust Returns - Deductions

Click this link for information on Deductions on the ATO website.

On the Deductions tab the items are:

• Item 16 - Deductions relating to Australian investment income, franked distributions
• Item 17 - Forestry managed investment scheme deductions (Trust Returns)
• Item 18 - Other Deductions not claimable at any other item (Trust Returns)
• Item 25 - Tax losses deducted
• Item 26 - Total Net Income or Loss
• Item 27 - Losses information