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Solution home Company Tax Return Company: Profit&loss

How to Allocate Trust distribution as Trust

Modified on: Thu, 23 Jan, 2025 at 11:25 AM

Question: When it imports the Trust Distribution from Quickbooks it allocates to Income rather than Trust.

Answer: You still need to manually enter the Trust distribution via "Worksheet"


Please see these guides:
Reporting Trust Income received into a Company Tax Return (CTR)
Reporting Partnership, Interest, Trust & Dividend Income for Company
xlsx
Excel Financ...
(17.8 KB)

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