How to fill in box 12 on page TCS 1.
Article ID
ias-5779
Article Name
How to fill in box 12 on page TCS 1.
Created Date
3rd April 2008
Product
IRIS Personal Tax
Problem
How is the surplus married couple allowance the client can have entered into box 12 on page TCS 1?
Resolution
Users are required to:
1. Log into IRIS Personal Tax, select the client who has been granted the Married Couples Allowance (this is normally the husband)
2. Run their tax computation which will show what unused Married Couples Allowance is allowed to be transferred.
3. If there are no unused Married Couples Allowance then you will not be able to transfer any of the allowance.
4. If there is unused Married Couples Allowance on the computation then you would need to carry out the following steps:-
5. From the Relief’s tab, select Allowances | Married Couple – Allocation and Transfer.
6. Enter in the amount that is showing on the tax computation that can be transferred in the box Amount of surplus transferred.
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