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  • IT1 Total reportable fringe benefits amounts 2019

    This question is about reportable fringe benefits amounts that you received. Do not show any benefit less than $3,773.

    Did you receive any reportable fringe benefits amounts of $3,773 or more?

    No

    Write 0 at both N and W item IT1, then go to question IT2 Reportable employer superannuation contributions 2019, or return to main menu Individual tax return instructions 2019.

    Yes

    Read on.

    Neither the amount at W item IT1, nor the amount at S in Spouse details, are adjusted down by:

    • the income tests for net medical expenses tax offset
    • the dependant (invalid and invalid carer) tax offset
    • the zone and overseas forces tax offset
    • the seniors and pensioners tax offset
    • the low income superannuation tax offset.

    Answering this question

    You will need each income statement, PAYG payment summary – individual non-business and PAYG payment summary – foreign employment you received that shows reportable fringe benefits amounts.

    See also:

    Completing your tax return

    If a reportable fringe benefits amount shown on your payment summary or income statement is less than $3,773, do not include it in step 1 or step 2. Check with your employer that the amount is correct.

    Step 1

    Add up all the reportable fringe benefits amounts shown on your:

    • payment summaries with Yes selected at Is the employer exempt from FBT under section 57A of the FBTAA 1986?
    • income statements at Reportable fringe benefits – exempt amount.
    • Write the total at N item IT1. If your total is 0, write 0 at N.

    Step 2

    Add up all the reportable fringe benefits amounts shown on your:

    • payment summaries with No selected at Is the employer exempt from FBT under section 57A of the FBTAA 1986?
    • income statements at Reportable fringe benefits – non-exempt amount.
    • Write the total at W item IT1. If your total is 0, write 0 at W.

    Where to go next

      Last modified: 30 May 2019QC 58030