Funds in Full Pension Phase for the year attempting to validate the annual return having processed a cost-base reset will receive the following error message:
The amount at Label 3B of the CGT Schedule will need to be updated with the amount at either:
- Section E Label 14 V - Net capital losses carried forward to later income years; or
- Losses Schedule: Label 2V - Total Net capital losses carried forward to later income years
for the return to validate.