Trust Tax Return

Capital Gains Earned by a Trust
This video demonstrates how to handle the reporting of a capital gain given that the accounting gain may well be different to the tax gain.  Shows how to ...
Wed, 30 Oct, 2024 at 1:11 PM
Attributed Foreign Income from Managed Fund
Illustration: The "Attributed Foreign Income" of $3000 and $2000 from managed fund  has been distributed to the beneficiary company "Edward &...
Tue, 26 Nov, 2024 at 9:01 AM
Q&A: Non-business related depreciation items in the Trust Tax Return?
Question: Where to input non-business related depreciation items in the Trust Tax Return?  Solution: Non-business related depreciation items should be repo...
Wed, 11 Dec, 2024 at 9:43 AM
Working with a Rental Property
This approach will work with a partnership or a trust. Note that the difference is that the partner loan balances are handled via the equity section rath...
Thu, 12 Dec, 2024 at 2:33 PM
How to "Deactivate" Business schedule for Trust Tax Return
The illustration below shows that the "Business" is currently activated (greyed out)  and is intended to be deactivated. TABLE OF CONTENTS ...
Tue, 17 Dec, 2024 at 10:40 AM