'How do I show that a Trust has been dissolved and a final tax return has been lodged'

 Author: KaraATO(Community Support)Community Support

ATO Certified Response13 May 2026

Hi @Fergus007,

There's no formal certificate or document we issue to show a trust has been dissolved. The evidence your children need comes from the trust's own records and the final tax return you lodged.

You can provide your children with copies of the following documents to demonstrate the trust has been dissolved and their distributions are correct:

• the trust's final tax return (FY25) showing it was marked as final
• the FY24 trust tax return and statement of distribution showing the capital gain and how it was distributed to them
• the trust deed and any trustee resolutions made on or before 30 June 2024 that document their entitlement to the distributed amounts
• any other trust records that show the trust assets have been fully distributed and the trust wound up according to the trust deed.

The statement of distribution from the trust tax return is the key document that shows each beneficiary's entitlement to trust income. We recommend trustees provide beneficiaries with a copy of the trust statement of distribution so they can correctly complete their own tax returns. This statement will show the amounts your children need to include in their individual tax returns, including their share of the net capital gain.

Your children will need to declare their share of the trust's net capital gain in their individual tax returns for the relevant income year. The trust statement of distribution will provide them with the info required to complete the trust income schedule in their tax returns.

You can find detailed info about trust distributions and beneficiary reporting requirements on our website.

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