Online Trust Tax Returns

Do Your Trust Tax Return Online with a CPA

If you operate your business through a trust:

  • the trustee lodges a trust tax return
  • each trust beneficiary lodges their own tax return, such as a company or individual tax return.

The trust reports its net income or loss. This is the trust’s assessable income less deductions.

If you are the beneficiary of a trust, you report on your tax return:

  • any income you receive from the trust
  • any other assessable income such as
    • dividends
    • rental income
    • salary and wages (on an individual’s payment summary).

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