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MK2021's avatar
MK2021
4 years ago

IITR.730088 involving Label 19 & Label 20 in individual AE tax return

For an individual client's 2020 FY tax return, I have to disclose an amount of CFC income under Label 19 "Foreign Entities", Label K "CFC income". In the 2020 FY tax return, this leads me to the "For...
MYOB AE Tax
  • Sandy_C's avatar
    Sandy_C
    4 years ago

    Hi MK2021 

     

    Thank you for your query.

     

    I would like to let you know that the IITR.730088 rejection has been identified as a known issue (when there is CFC income or Transferor income present at item 19).

    I have had a look at the status of this and can see this is expected to be resolved in the next update - 2020.2.

     

    At the moment, there is no workaround and if urgent, then a paper lodgment is advised.

     

    Apologies for any inconvenience.

     

    Regards,

     

    Sandy
    Client Support Representative

Sandy_C's avatar
Sandy_C
MYOB Staff
4 years ago

Hi MK2021 

 

Thank you for your query.

 

I would like to let you know that the IITR.730088 rejection has been identified as a known issue (when there is CFC income or Transferor income present at item 19).

I have had a look at the status of this and can see this is expected to be resolved in the next update - 2020.2.

 

At the moment, there is no workaround and if urgent, then a paper lodgment is advised.

 

Apologies for any inconvenience.

 

Regards,

 

Sandy
Client Support Representative

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