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Where to declare foreign income on ITR12

Posted 28 February 2015 under Tax Q&A


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I am in the US on a work visa. I have not been back to US in over 2 years. I have South African rental income for the 2014 tax year but no salary income. Where do I declare my foreign income on my ITR12? Is it under SARS code 4222 or Exempt Amount i. T. O. S10(1)(o), or both?

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TaxTim TaxTim says:
2 March 2015 at 7:20

Rental income is declarable and tax payable regardless of where you are in the world. You would declare it under the "local business income" section of the return.


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