Trust: General

Major Section of Trust Tax Return
The major sections of a Trust Tax Return: Income Expenses Capital Gains Personal Services Income (PSI) Depreciation Tax Offsets Dividends Intere...
Mon, 30 Dec, 2024 at 2:20 PM
Activate Reporting Module for Trust Tax Return form (TRT)
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 tha...
Mon, 7 Sep, 2020 at 1:25 PM
Preparation of Trust Tax Return (TRT Form)
With just six simple steps, LodgeiT streamlines the process of lodging your tax return.  1. Gather information. Collect relevant financial record for the t...
Wed, 30 Oct, 2024 at 1:28 PM
Video of the Trust Tax Form (TRT) Filling Process
Click here to watch the videos:  Preparation of Trust Tax Return Working with Trust "Financial Reports"
Sat, 16 Mar, 2024 at 9:31 PM
Notice to sent - Trust Tax Return (TRT Form)
Trustee ABN is not required to Fill for Trustee notices.
Mon, 7 Sep, 2020 at 1:26 PM
Spreadsheet Example - Trust Comparatives
See attached spreadsheet example for Trust Comparatives.
Tue, 14 May, 2024 at 11:26 AM
Current Liability Rule
Question: On Trust Tax Return, these three items were classified as "Current Liabilities" but being shown in section 33 as all "Current Asset...
Wed, 9 Mar, 2022 at 8:45 AM
Trust without an ABN / LGT.GEN.ERR.0000010
Question: Is it possible to lodge a tax return through LodgeiT for a trust that does not have an ABN? The trust does not run a business so does not have o...
Mon, 25 Nov, 2024 at 7:33 AM
Trust PAYGI (PAYG Instalment)
Question: If a trust has had to pay payg instalments where does this amount get entered as there is no “estimate” section as in a personal return, that it i...
Thu, 28 Sep, 2023 at 7:48 AM
How to Record Jobkeeper in a Trust Tax Return (TRT)
Classify Jobkeeper as -  The income will reflect in the tax return as -  Reference: ATO- Tax treatment of JobKeeper Payments ATO - Jobkeeper p...
Wed, 23 Sep, 2020 at 12:53 PM