This error occurs in the Managed Funds schedule when some income details are missing.
You’ll see this error if:
There is more than one account holder for the managed fund, and
You’ve entered any of the following (these are the green items):
Franking credits
TFN amounts withheld
Tax withheld when ABN not quoted
Credit for foreign resident withholding amounts (excluding capital gains)
If any of the green items above have a value, then you must also enter at least one of the following (these are the red items):
Primary production income
Non-primary production income
Franked distribution
If you’ve entered any tax credits or withheld amounts, you must also enter the type of income they relate to.
