• Full care of children or independent student

    If you have full care of your children and no agreed percentage or you are an independent student, use the following steps to work out your ETR:

    Step 1

    Work out your total eligible education expenses for all eligible children

    $

    A

    Step 2

    The maximum tax offset amount for one child

    $

    B

    Step 3

    How many days in the year were you eligible?

     

    C

    Step 4

    Work out your maximum tax offset amount for this child
    (B x C) divided by 365 - round to two decimal places

     

    D

    Step 5

    Repeat Steps 2 to 4 for each additional eligible child

     

     

    Step 6

    Add the amounts from D for each child

    $

    E

    Step 7

    Include excess eligible expenses carried forward from the previous year

    $

    F

    Step 8

    Add A and F

    $

    G

    Step 9

    Multiply your expenses from G by 50%

    $

    H

    Step 10

    Use the lower of the amounts at E or H
    Write the amount at I on your claim

    $

    I

      Last modified: 22 Jun 2016QC 21454