LodgeiT

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

Scenario: The Trustee has completed the tax return as follows: 5 R Total Net Non-Primary Income                                                       ...

Find the losses section at the "Net Income" > "Losses" section. The question "Are you required to lodge losses schedule or co...

CGT gains distribution is not showing up on the ITR. Net capital gain is not distributed from Beneficiary worksheet. Instead user can create CGT worksheet ...

Error: "Net Trust Income must equal distributed income"

Question: If a trust has an overall loss in a current financial year and also has some TFN withholding credit on interest income, are the beneficiaries enti...

Illustration: A trust that has generated a capital gains tax (CGT) gain but also has a tax loss from business income. When attempting to distribute the CGT ...

If there is a carried forward losses from prior year, this is a method to split:  Whatever the prior year closing loss is, this amount is used to reduce th...

If you operate your business as a trust, and you incur a tax loss, you cannot distribute the loss to the trust’s beneficiaries. Instead, losses must be quar...

Here is how the distribution of trust income to the beneficiary works in LodgeiT.  LodgeiT supports transfer of capital gain only to individual beneficiari...