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Personal living expenses

 
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Voluntary disclosure

If after completing a personal living expenses worksheet, taxpayers find a discrepancy in their return, they should make adjustments to their reported income by making a voluntary disclosure.

If taxpayers voluntarily inform us of any mistakes prior to audit, reduced penalties may apply.

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For more information about voluntary disclosures, refer to our Guide to correcting mistakes and disputing our decisions: Make a voluntary disclosure.

Last Modified: Friday, 2 September 2011
 
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