• #### Family taxable income

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Family taxable income is:

• the combined taxable incomes of you and your spouse (including a spouse who died during the year), or
• your taxable income if you were a sole parent.
Worksheet 1 - Family taxable income

Row

Calculation

Amount

a

Your taxable income from Taxable income

\$

b

Any relevant amounts of superannuation lump sums that you received (see Reduced taxable income to take account of certain superannuation lump sums)

-

c

Take row b away from a. If the amount is less than \$0, write \$0.

-

d

Your spouse's taxable income from Taxable income on their tax return (if applicable)

\$

e

Any relevant amounts of superannuation lump sums that your spouse received (see Reduced taxable income to take account of certain superannuation lump sums)

-

f

Take row e away from d. If the amount is less than \$0, write \$0.

\$

g

\$

##### Working out your family taxable income limit

Your Medicare levy is reduced if your family taxable income is equal to or less than the following limits.

Worksheet 2 - Family taxable income limit

Row

Calculation

Amount

h

If you were entitled to the seniors and pensioners tax offset, enter \$60,481. For all other taxpayers, enter \$46,361

\$

i

Number of dependent children (if applicable, see note below)

-

j

Multiply row i by \$4,257 (see note below).

\$

k

Family taxable income limit. Add the appropriate amount from row h to the amount at row j.

\$

Note: If you are a sole parent, you can only increase your family taxable income limit for a dependent child if the family tax benefit is payable to you for that dependent child.

If your family taxable income at row g in Worksheet 1 is equal to or less than your family taxable income limit at row k in Worksheet 2, you are entitled to a reduction.