LodgeiT

Reporting Partnership, Interest & Dividend Income, Capital Gains and Rentals For Trust Make sure to activate the "Interest", "Dividends&...

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 & Exp...

"Deceased estate" option is available via the main section of the Trust form through "type of trust" field. Related Article: ATO ...

Solution:  Just put Nil if there's no Trust Estate If Client has "Net Loss" - NO need to distribute this to the beneficiaries ...

Question: Trust is having a rented property income and data imported from 'QuickBooks Online'  but it imported in LodgeiT as "Business" in...

Question: Net income of Trust doesn't go into beneficiaries distribution. Answer: Net income is not included in beneficiary distribution. Only certain ...

Question: How "Non Primary Income" calculates? Answer: Non-primary income available for distribution is  Total Non-Primary Income($9040) LE...

Question: How to distribute "Foreign Income" from Trust to ITR? In ITR - net non primary is showing negative Solution: Since there is ...

Cashflow Boost is under a "Government Industry Receipts" and  its tax free -  classify as Grants Tax form view Income Tab From bel...

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 rather...