Skip to main content

HandiTax - TRT.432280 Trust beneficiary cannot have a zero or a negative income distribution in HandiTax

Updated over 3 months ago

CMN.ATO.TRT.432280 states that trust beneficiary cannot have a zero or a negative income distribution.

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.

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


​

Did this answer your question?