The Issue
You may notice that the total income shown in your Tax Overview does not always match the income on your Main Overview page.
Why It Happens
These two pages may differ because they calculate income in different ways:
Tax Overview
Uses payment dates and gross amounts from the Taxable Income Report. This figure is designed for ATO reporting and is the official tax figure.Main Overview
Uses ex-dividend dates and may include items such as franking credits in the income totals. It is designed as a performance snapshot rather than a tax report.
Due to these differences in timing and inclusions, the same income period may yield slightly different totals.
Which Figure to Use
For tax reporting, always use the Tax Overview figure.
The Main Overview figure helps track portfolio performance throughout the year, but it should not be relied upon at tax time.
Key Takeaway
Both figures are correct within their own context. The Tax Overview aligns with your Taxable Income Report and the requirements for reporting to the ATO, while the Main Overview is for ongoing performance tracking.