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Tax Manager and Elite Forms: Error: 'DISTBENTRT.000011 - Capital gains amount is incorrect'

The error occurs in a Trust return.

Updated over a month ago

Follow the below steps to resolve the error:

  1. Go to Item 8 Income - Partnerships and trusts.

  2. Select 2. Share of net income from trusts.

  3. Go to Worksheet.

  4. Using the business rule below, correct each Trust Income worksheet that has CGT amounts entered.

Rule: The business rule for DISTBENTRT.000011 is: Capital gains [F] must be within +/- $5 of the total of gross capital gain [F1] minus the sum of capital losses applied [F2], CGT discounts applied [F3] and CGT small business concessions applied [F4].

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