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Smartsteps's avatar
Smartsteps
Member
1 year ago
Solved

Unit Trust Validation Error

Hello, trying to validate a 2024 unit trust tax return and it's bringing up a validation error TRT 433088 Type of trust must be a deceased estate - Code 059.   It is not a deceased trust and all ...
AU Tax
  • NJT2016's avatar
    NJT2016
    1 year ago

    Hi

    putting N in that box worked for me. Thanks for the tip

Amy_M1's avatar
Amy_M1
MYOB Staff
1 year ago

Hi Smartsteps!
The ATO have introduced this, TRT.433088 - Type of trust must be a 'deceased estate' - code '059' along with other new errors in a 2024 trust return.

To fix these errors, make sure you’ve completed:

The Family trust election or Interposed entity election status field on the Front Cover
or

the TB statement question on the Distribution statement.

 

For more information on the new validation errors within a 2024 trust return, please see the link below:

https://practice-support.myob.com/psinstall/myob-ae-ao-release-notes2024-0-australia

FAQs

Australian Tax FAQ's (DESKTOP + ONLINE)

Hello everyone!  We've collated a list of frequently asked questions users have posted on the Forum for your convenience. Check them out below! GENERAL What do I need to do before starting a ne...

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