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Do not show at this section

Use this guide on list of trust income not to show at this section.

Last updated 27 June 2018

Do not show the following income at this section or you may be taxed incorrectly:

  • attributed foreign income from a trust (unless instructed otherwise). Show this at Foreign entities in the Foreign income, assets and entities section.
  • any other foreign source income from a trust (unless instructed otherwise). Show this at Other foreign income in the Foreign income, assets and entities section.
  • a capital gain from a trust (unless otherwise instructed) or any distribution in relation to a foreign resident capital gains withholding credit. Show these in the Capital gains or losses section.
  • income from a public trading trust or a corporate unit trust. Show this in the Dividends section.
  • that part of a distribution which relates to an amount of trust income on which family trust distribution tax has been paid. Show this at Amount on which family trust distribution tax has been paid or trustee beneficiary non-disclosure tax has been paid.
  • your entitlement to an early stage venture capital limited partnership (ESVCLP) tax offset or early stage investor tax offset as a beneficiary of a trust. Show these in the Offsets section.
  • share of credits for tax paid by the trustee if you are the principal beneficiary of a special disability trust. Show these in the Offsets section.

If you can't see the Foreign entities, Other foreign income, Capital gains or losses, Dividends, Amount on which family trust distribution tax has been paid or Offsets section, go to Personalise return screen and select the following:

For Foreign entities

  • 'You had foreign income'.
    • 'Foreign entities'.

For Other foreign income

  • 'You had foreign income'.
    • 'Other foreign income'.

For Capital gains or losses

  • 'You had Australian interest, or other Australian income or losses from investments or property'.
    • 'Capital gains or losses that are not from a managed fund'.

For Dividends

  • 'You had Australian interest, or other Australian income or losses from investments or property'.
    • 'Dividends'.

For Amount on which family trust distribution tax has been paid

  • 'You are claiming tax offsets, adjustments or a credit for early payment'.
    • 'Amount on which family trust distribution tax has been paid'.

For Offsets

  • 'You are claiming tax offsets, adjustments or a credit for early payment'.
    • 'Other tax offsets'.

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