Views:

Problem

An issue has been reported in Reckon APS Tax 2020.5.0 where the following error message is triggered in some individual tax returns during lodgement:

CMN.ATO.IITR.730359 Foreign income tax offset amount is incorrect

Solution

The problem described in this article is under investigation by our development team with reference TAX-661. Please review all future release notes for a fix to this issue. 

Workaround

The foreign tax paid for foreign salary reported on payment summary is currently only including the amount entered at item 1.  If the user is happy to put the tax paid at item 1 rather than the foreign income worksheet, then it will pre-lodge successfully.  If the user does this and the foreign tax paid was not on the payment summary issued by the employer, then an additional attachment should be included to explain this. Alternatively, users will need to lodge the return via paper. 

Related Products: APS TAX AU