Tax return & gross interest

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PertHJ
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Tax return & gross interest

Postby PertHJ » Fri May 17, 2013 1:49 pm

Question for all the tax nerds out there

Partner and I have a savings account where we earned more than $200 interest (high rollers right!), how do we incorporate this in to our respective tax returns when the interest earned is from joint money?
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Red_switch
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Re: Tax return & gross interest

Postby Red_switch » Fri May 17, 2013 2:24 pm

I think it's lint.

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PertHJ
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Re: Tax return & gross interest

Postby PertHJ » Fri May 17, 2013 5:17 pm

Hey! That doesn't answer my question at all, thanks heaps!

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akaxo
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Re: Tax return & gross interest

Postby akaxo » Fri May 17, 2013 5:21 pm

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PertHJ
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Re: Tax return & gross interest

Postby PertHJ » Fri May 17, 2013 5:39 pm

Well I could, but I had no idea if that is the correct thing to do.....


I've now been advised it splits 50/50
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TimShadbolt
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Re: Tax return & gross interest

Postby TimShadbolt » Fri May 17, 2013 6:00 pm

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Re: Tax return & gross interest

Postby Philfy Vermin » Fri May 17, 2013 6:40 pm

Hail to the demons of the earth and kaos anarchy and destruction to those who exploit our human rights and starve the poor and make us suffer for the dead now walk the earth the armys of the dead hail vampires and all creatures of the night hail to the white moon and drtink the blood of our enimies and paint the town red


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dustbinflowers
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Re: Tax return & gross interest

Postby dustbinflowers » Sat May 18, 2013 8:54 am

Anyone on here a small business accountant? I'm looking for one
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MuscleMan
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Re: Tax return & gross interest

Postby MuscleMan » Sun May 19, 2013 2:06 am

why do you care about tax on $200 income. Are you self employed?


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