LodgeiT

The video provides the following guide about the basic of Trust Tax Return and in connection with the Financial Statement Import discussed from this video P...

Click here to watch the video - Working with Trust

See attached spreadsheet example for Trust Comparatives.

Once you've worked in the form, you may need to turn-on certain reporting sections. You can do so via - Activate the relevant sections th...

Error: "Net Trust Income must equal distributed income"

Trustee ABN is not required to Fill for Trustee notices.

Find the losses section via "Net Income", select "Losses Deducted" Tab Related Article:  TRT Loss Distribution 

In this case, the Trustee has completed the tax return as follows: 5 R Total Net Non-Primary Income                                                    ...

In a trust, it's possible that the trust activity involves income that needs to be classified to a sector other than Item 5 - Business Income & Ex...

In a trust, it's possible that the trust activity involves expenditure that needs to be classified to a sector other than Item 5 - Business Income &...