Capital Gains Worksheet Ato. Next step: You can use the Capital gain or capital loss worksheet to work out and compare your outcomes when using the discount and indexation methods, and to work out your capital gain or loss using the 'other' method. For most CGT events, you work out your capital gain or loss by subtracting your cost base from your capital proceeds.
These questions & answers will help you master the topic!
This worksheet helps you calculate a capital gain or capital loss for each capital gains tax (CGT) asset or any other CGT event.
This worksheet calculates the allowable capital gains reserve, where a portion of the proceeds from an asset disposition are not receivable until after the tax year. Worksheet will open in a new window. Your home's original sales price when you bought it (not what you brought to closing).