Illustration: The Special Disability Trust receives income from various shareholdings and managed funds, and I've entered all of that into the system. However, when I check the beneficiary section, the income isn’t flowing through, even though 100% is allocated to a single beneficiary. It’s also not appearing in the tax return.
Answer: If the Type of trust is a special disability trust (code 203), then there must not be any 'income to which no beneficiary is presently entitled'. Don;t impute any amount. ATO reference