Mrs Mary Toner
Unreasonable amount on Annual Return rounding, The fund does not pay tax
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Hello Mary,
Thanks for reaching out in the community.
A large SMSF Annual Return rounding amount can come from a few different causes. We've got an article covering the most common scenarios and how to fix them:
SMSF Annual Return Rounding Reconciliation Process
Since your fund doesn't pay tax, it's worth checking whether it's been correctly marked as 100% Pension Phase, so Simple Fund 360 treats it correctly:
How to Treat a 100% Pension Fund in Simple Fund 360
Let us know if you need a hand with anything else.
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