Validation Error
Warning - If response to the question 'Did the fund pay an income stream to one or more members in the income year?' is false, must provide income details
This error occurs when the fund has no income throughout the financial year and does not have any pension accounts.
How to resolve this Validation Error
This error cannot be resolved, as there must be income entered in Section B: Income. If the fund does not have income throughout the year, the tax return cannot be lodged electronically and must be lodged with the ATO manually in paper form.
For information on how to print the SMSF Annual Return, click here.