IITR.730357: Australian franking credits from a New Zealand franking company amount must be provided.
Where any Australian franking credits from a NZ franking company or Total Australian credits from a NZ franking company from managed fund amounts are present in the attached Income Details schedule, the Australian franking credits from a New Zealand franking company amount must be provided.
To resolve the error, review the following:
Foreign Income schedule and at PART C: Other foreign income. Delete any zeros from fields that have been over written.
Managed Funds schedules. The 'Aust credits from NZ franking company' label in the schedule allows for cents, whereas the main form item 20 label F, does not. If 'Your Share' in the schedule is below $1, please remove.