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How to fill in the Loss code

Updated over 3 weeks ago

In an Individual tax return in HandiTax, the item will indicate a Loss next to 'Net non-primary product amount' in Item 13 if the figures from Item 13 or the Manage Fund schedule are equal to a loss. You cannot manually enter an 'L' into the field.
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The code box next to Item 13 Label U refers to the 'Trust action distribution code' which you can access via the Manage Fund schedule and press F1 for the code selection.
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If there is an amount that has prefilled into Item 13 Label U and you want to remove the figure/entry from the ATO Prefill, refer to the whole section of Item 13 or the Manage Fund schedule or possibly prefilled entries.

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