Support Query
After completing The Create Entries Process, an amount of a rollin is included as taxable income?
Solution
Amounts that are recorded as "Element Untaxed in the Fund" for Taxable rollover components will be included as Assessable Personal Contributions (R2 Section D of The SMSF Annual Return) and in Taxable Income. Review the Rollover Benefit Statement to ensure the correct components are being recorded for the member.
