Is the amount at T3 Subtotal less than the amount at E Refundable tax offsets?
No |
Write 0 at I. Go to K. |
|---|---|
Yes |
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.