Item 59 - Choice for resident trustee to be assessed to capital gains on behalf of beneficiaries 2025

To complete item 58:

  1. Enter or select the Assessment code at label X.

  2. Click label Y to open the list of beneficiaries.

  3. Highlight and select from those listed or click New to open a blank beneficiary worksheet (xT).

  4. In the beneficiary xT worksheet scroll down to label F. At the field below label F ‘Trustee choice to pay capital gains’ enter the amount the trustee is choosing to pay.

  5. Close the beneficiary worksheet (xT).

  6. The amount at label Y is updated with the change made in the xT.