For TFN Amounts Withheld Validation, the ATO requires that:
The sum of TFN amounts withheld recorded in the Statements of Distribution must equal:
Share of credit for TFN amounts withheld from interest.
TFN amounts withheld from gross interest.
TFN amounts withheld from dividends.
Important: TFN amounts cannot be ignored, even if the trust return shows a loss. You can contact the ATO if you require further assistance.
Review each beneficiary in the Statement of Distribution section and ensure the return is completed correctly. If TFN amounts were withheld, make sure they are reported in the correct fields.
