Complete the Foreign entities (fen) to enter data at Item 19 - Foreign entities. This worksheet is to report details of non-resident trusts distributing the CFC/Transferor trust income.
To open the fen worksheet:
- Click label O at item 19: Foreign entities.
- Select Preparation > Schedule > Foreign entities.
- Go to Preparation > Schedule > Income details schedule > Enter Y at Section O - Foreign entities.
You can use the ATO Pre-fill to download reports and check what the ATO has received from the employer. See What data pre-fills into Tax?
- Open the fen worksheet.
- Click the ellipses at the CFC income or Transferor trust income fields to open the Foreign income window.
- Select Worksheet to open the Foreign income worksheet (for) to enter the transactions.
- Click OK and then Close.
- Click OK to return to the fen worksheet. The respective income field in the fen worksheet is updated.
- Click OK again to return to Item 19. The respective income field at Item 19 foreign entities is updated.