I have a client that only received managed fund distributions with franking credits attached. No dividends were received. Can I still use the refund of franking credits form? This client meets all other requirements to use this form.
Hello @rileyacc,
It seems so. 😊
As shown on our public website you could use the franking credit form if you received dividend income of $18,200 or less.
Another criterion is that they were entitled to distributions from investments in a managed fund.
If the managed fund chose to reinvest the dividends, they're still entitled to claim the franking credit. 💸
As long as all other criteria were met, then it should be fine. 👌
Hello @rileyacc,
It seems so. 😊
As shown on our public website you could use the franking credit form if you received dividend income of $18,200 or less.
Another criterion is that they were entitled to distributions from investments in a managed fund.
If the managed fund chose to reinvest the dividends, they're still entitled to claim the franking credit. 💸
As long as all other criteria were met, then it should be fine. 👌
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