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Trust Tax: R185 form Statement of income (Trust, Estates, Beneficiary)

Article ID
trust-tax-r185-form-statement-of-income-from-estates-to-beneficary
Article Name
Trust Tax: R185 form Statement of income (Trust, Estates, Beneficiary)
Created Date
19th October 2021
Product
Problem
Trust Tax: R185 form Statement of income from Trust, Estates, Beneficiary
Resolution

Note that the R185(Settlor form) can only be accessed from HMRC.

  1. For a non Settlor form, load the client and select relevant tax year.
  2. Print the R185 report and fill it in.
  3. Make sure the beneficiary is added and share is allocated.
  4. Click worksheet then click override and allocated amounts. Click OK and click Print R185. NOTE: You can also enter the share allocation from Other information | Payments to beneficiaries | Payment of income and add in the beneficiaries.
  5. Or, go to Data entry | Other information and click Print R185. Make sure the beneficiary is added and share is allocated.
  6. Click worksheet and the click override and allocated amounts.
  7. NOTE: Steps 2 and 3 are dependent on what ‘Trust Type‘ your client is under. You can check by Client | View and ‘Type of Trust’. For example, Discretionary Trust types will not have any Worksheet option and only Amount of payment field. Each Trust Type may have different options.
  8. The R185 form design where box numbers appear or go missing will change dependent on the Trust Type. The HMRC website has different R185 form designs.

The ‘Type of Trust’ can change the R185 optionsDiscretionary Trust type only has this option when you go to R185:

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