• If you're lodging by paper

    If you're lodging a paper tax return, you need to complete both the Tax return for individuals and Tax return for individuals (supplementary section).

    There are three main steps to take:

    See also:

    Step 1: Report your BSWAT payment

    You need to report your BSWAT lump sum under item 24 (Other income) on the Tax return for individuals (supplementary section), as follows:

    • At item 24, in the box for Category 1, write 'BSWAT lump sum in arrears'..
    • At label Y, write the value of the taxable amount of your BSWAT payment (this is shown on your Centrelink PAYG payment summary). Do not show cents.
    • Do not write anything in the box for Category 2 or label V
    • Do not write anything in label E or Z.

    The image below is a sample Centrelink payment summary. The 'Payment type' and 'Taxable' amount fields are important when completing BSWAT on a tax return.

     Centrelink PAYG payment summary

    The image below shows how this taxpayer would complete item 24, based on his Centrelink payment summary (above).

     complete item 24

    Step 2: Attach your Attachment E: Important tax information

    The information in Attachment E is needed so we can calculate your lump sum payment in arrears tax offset.

    You need to:

    • photocopy Attachment E: Important tax information from your BSWAT letter of offer
    • in the top right corner of the page, you will see your name, address, customer reference number (CRN) and a place for your tax file number (TFN). You can find your TFN on your Centrelink PAYG payment summary.
    • next to TFN, write your tax file number.

    Attach the photocopy of Attachment E: Important tax information to page 3 of your tax return. Then, at the Taxpayer's declaration on page 10 of your tax return, write X in the box for question 2.

    Step 3: Complete your tax return

    Fill in the rest of your tax return using the Individual tax return instructions booklet.

      Last modified: 19 Apr 2017QC 46588