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 la...
Forum Discussion
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
