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Tax: INCDTLS.000412

Positive ETP taxable component amount must be provided.

To resolve this issue, either:

  • Enter a positive amount in the ETP Taxable Component field, or

  • Delete the ETP worksheet if it is not required.

This validation is based on an ATO specification, which requires that a positive ETP taxable component amount be provided. If the Employment Termination Payment (ETP) contains only an ETP tax-free component, it should not be included in the tax return lodgement.

If you require further clarification regarding this requirement, please refer to the ATO's guidance on ETP reporting.

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