Shared care of child or agreed percentage

A

1

Work out your total eligible education expenses

B

2

Multiply A by your agreed percentage

C

3

Calculate the maximum tax offset amount for this child

D

4

How many days in the year were your eligible?

E

5

Multiply D by your shared care and agreed percentage

F

6

Work out the maximum tax offset amount for this child (C × E) divided by 365 - round to two decimal places

Repeat Steps 3 to 6 for each child

G

7

Add the amounts from F for each child

H

8

Include excess eligible expenses carried forward from the previous year

I

9

Add B and H

J

10

Multiply your expenses from I by 50%

K

11

Use the lower of G or J

Write the amount at K on your tax claim