Hi all, I’m new to investing so please excuse novice question. When it comes to trust income, I have followed this guide ( How Sharesight helps you handle Australian AMIT tax components | Sharesight Australia Help ) to fill in the tax components of a trust according to the annual tax statement provi…

I think changing Franked Dividends from 18.18 to 26.63 and changing the AMIT Decrease to AMIT Increase should sort your problem

Correction - Franked Dividend needs to be 26.63 - 8.26 = 18.37

Thanks Gavcam, I went through the post. Seems like I am not the only one having this issue. The problems are pretty much the same there and there aren’t any solutions really.

I thought it would be worth to mention that the figures that were imported in the tax statements by ShareSight originally did correspond with the net cash distributions from the RDV. Despite this, I removed the initial numbers and re-entered the figures as recommended by ShareSight and only then di…

Annual Tax Statements for Trust income

Reporting & tax

gavcam 6 August 2021 09:20 2

Maybe check this thread, Managed Fund Tax Statement Reconciliation, and see if the example in there helps.

Topic		Replies	Views
Managed Fund Tax Statement Reconciliation Reporting & tax	90	11949	21 October 2022
Recording SYD dividends correctly for Tax Reporting & tax	9	1577	2 September 2021
Xero guides - Managed Fund Statements (part 1) Sharesight features	2	1740	21 June 2022
excess franking credits Reporting & tax	3	140	27 August 2024
EOFY AMMA Statement for ASX:SYD Sydney Airport Reporting & tax	4	831	2 April 2022

Annual Tax Statements for Trust income

Related topics