CMN.ATO.GEN.434058: Other income code must be present if Other income amount is present. [Details:
Other income codes are: 'B' - Assessable balancing adjustment amount, 'C' -
LIC capital gain amount, 'F' - Forex gains, 'O' - Other income received not
listed, 'R' - Rebate or refund of death or disability premiums, 'W' - Gross
payments subject to foreign resident withholding, 'T' - TOFA gains or assessable
TOFA balancing adjustment]
To resolve the error in a SMSF return:
Open the Main form MS
Navigate to Section B: Income, Item 11
Find *Other Income Label S, next to the amount the Code box needs to entered if there is an amount higher than zero at Label S.
F1 in the box to get a list of codes, once a code has been entered the error should now be resolved.
