Foreign Other Income

Add Foreign Other Income 

1. Open Foreign: Other Income on the Tax Return data entry menu:

2. Select the income source from Income Type:

3. Click  to select or create a Trust/Company or other entity. For example, the name of a trust or company.  

4. Briefly describe the funds received in Description.

5. Enter the value of funds received in Amount before tax.

6. Click Save and Close.

 Create a Trust or Company

1. Click  in Trust/Company or other entity.
   The Trust/Company or other entity window appears.

2. Click New.
   The Trust/Company or other entity wizard appears.

3. (Optional) If you want to treat the entity as a trust or organisation, click the check box Tick to treat the foreign trust/company or other entity as an organisation.
   The wizard then asks questions that relate to an organisation.

4. Click Next and complete the wizard.
   The name of the trust or organisation appears in Trust/Company or other entity.