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Taxable Income Report
Available on Sharesight Starter, Standard, Premium and Sharesight Business plans.
The Taxable Income reports lists all transactions for dividends, distributions and interest payments received within the selected date period. The report is designed to provide the information relating to your portfolio that you are required to include in your tax return to the ATO.
Income is separated into:
- Local non trust income
- Local trust income
- Foreign Income
Jump to:
Taxable Income Report Overview
Embedded content: https://www.youtube.com/watch?v=3NnZOBWZeCM
In 'advanced options' choose to:
Show Comments - display any comments associated with a dividend or distribution.
Show holding totals - displays dividend or distribution totals across all payouts for a single investment. This is particularly useful for reconciling your Sharesight distribution data with your annual taxation statement for each ETF, Managed Fund, or Unit Trust you own.
Note: If no value is present for a specific taxable component, then the corresponding column may not be displayed. The data is taken from the payout form for each dividend and distribution.
A lightning bolt icon indicates system calculated transactions that have not been verified. It is recommended you verify automatically generated transactions.
Click on any column heading in the tables to reorder the table by the contents of that column.
Click on the transaction to edit and to verify the system generated payment.
Columns within Local Non Trust & Trust Income tables:
Paid Date / Tax Date - The date that the payment is credited to you.
Total Income - The date on which your dividend entitlement is calculated. The dividend is included in your performance calculations based on the ex date.
Net dividend - This is the total income figure less any withholding tax that has been deducted. This is the amount of the cash that you actually receive.
Franked amount - The amount of dividend that has franking credits attached.
Unfranked amount - The amount of Australian source assessable dividend that does not have franking credits attached.
Interest - The amount of interest.
Tax Deferred - Tax deferred income. This amount is non-assessable and is used to adjust your cost base for CGT purposes.
AMIT Decrease - Relevant for attribution managed investment trust (AMIT) when the taxable income attributed to you is less than the cash distribution you recieved. This amount is non-assessable and is used to decrease your cost base for CGT purposes.
AMIT Increase - Relevant for attribution managed investment trust (AMIT) when the taxable income attributed to you is more than the cash distribution you recieved. This amount is non-assessable and is used to increase your cost base for CGT purposes.
Foreign Source Income - The gross amount of non Australian assessable income (before deduction of any tax credit).
Discounted Capital Gains - This is grossed up and included with you capital gains on the CGT report.
CGT Concessions - The amount of any CGT discount included in the distribution. It is non-assessable and does not alter the cost bas or reduced cost base.
Non Assessable - This is used to reduce you reduced cost base. It does not affect your cost base.
TFN Withholding Tax - The amount of any Australian tax that has been deducted. This typically only occurs where your tax file number has not been provided.
Foreign Income tax - The gross amount of non Australian assessable income (before deduction of any tax credits).
Franking Credits - The amount of franking credits attached to dividend.
Other Net FSI - The amount of non Australian assessable income (before deduction of any tax credit) after offsetting any allowable expenses or losses relating to foreign source income. This value does not affect your total income.
LIC Capital Gain - The amount of an LIC dividend that is attributable to an LIC capital gain. An LIC shareholder who is a australian resident when the dividend is paid will be entitled to an income tax deduction of 50% of this value.
Gross Amount - The total amount before anything is deducted.
Australian Income Totals section
This section provides the Australian total income and total franking credits.
Foreign Income table includes:
- Date Paid
- Exchange Rate
- Net Amount Foreign
- Foreign Tax withheld
- Gross Amount
If you hold trust investments (ETFs, managed funds, or stapled securities), you may need to enter the finalised tax components from your Annual Tax Statement each year. See Annual Tax Statement Components for instructions.
Income tax return
This section is only applicable for individual tax entities Australian Tax Residency portfolios. Your portfolio tax entity type can be set under portfolio tax settings
Note: The tax return field references are based on the tax return for individuals 2023 and tax return for individuals (supplementary section) 2023.
This section is a tool to designed to assist you in completing your Australian income tax return.
The code on the left of the Income tax return section correlates to the ATO's tax return form code.
The information icon provides an explanation of the figure. 
Remember: To add the values below to income from sources not recorded in Sharesight, such as property, annuities etc, before completing your income tax return.
Note: If you are on the Free plan and have more than 10 holdings the Income tax return section is not displayed as it would not report on your full portfolio. To run the report for more than 10 holdings upgrade your plan.
Last updated 13th April 2026