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HandiTax - Error TRT.432181 and TRT.432280

Updated over a month ago

CMN.ATO.TRT.432181: Zero net income or an overall trust loss cannot be distributed
If there is an overall trust loss (i.e. the sum of net Australian income/loss plus net capital gains, plus attributed foreign income plus other assessable foreign source income minus allowable tax losses of earlier income years deducted this year, is less than zero) there can not be income distribution amounts present in any statement of distribution
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CMN.ATO.TRT.432280: Trust beneficiary cannot have a zero or a negative income distribution [Details: A
trust can only make an overall distribution of net income to each individual or
non-individual beneficiary. Please adjust distributed income until the overall
negative amount no longer exists.]

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Income cannot be distributed when there is an overall Trust Loss.
Delete the income from the Statement of distribution.

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