Interest Income (Client Information) workpaper

The Interest Income (Client Information) workpaper records interest income, and any TFN amounts withheld from it, that the client has provided and that is not already captured through ATO Prefills.

Entering interest

• The workpaper starts with a set number of interest rows, and you can add more.

• Each entry has an item number, a description and the interest amount.

• Each entry also has its own TFN Withholding field.

Totals

• Total Interest Income is the sum of all interest rows.

• Total TFN Withholding is the sum of all TFN withholding rows.

• The two totals are kept separate.

Where the values go

Client-provided interest flows to the ITR Summary as Client Interest, kept separate from interest that came through ATO Prefills.

Note: Interest that already exists in ATO Prefills is not counted a second time.

How to access

• Go to Jobs and open the relevant job.

• Click the Workpapers icon or navigate to Job Results then Workpapers.

• Select Interest Income (Client Information) on the Workpapers Dashboard.