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  • I Tax offset refunds

    Is the amount at T3 Subtotal less than the amount at E Refundable tax offsets?


    Write 0 at I. Go to K.


    Read on.

    Take T3 Subtotal away from E Refundable tax offsets. Write the result at I.

    See the examples at T5 Tax payable showing the calculation of I Tax offset refunds.

    T5 is mandatory. If you leave T5 blank, you will have specified a zero amount.

    Last modified: 30 Mar 2021QC 55254