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Deductions, or tax losses from earlier income years

How to complete the Deductions section including using the ATO app's myDeductions tool.

Last updated 26 March 2024

Based on the information available in your return and if you uploaded your deductions from our myDeductions tool, myTax will automatically display some deductions.

The following deductions are automatically displayed

If you have salary or wage income

 

If you have a foreign pension or annuity

 

Always displayed

 

Deductions you will need to select if they are relevant to you

Tax losses from earlier income years

If you wish to claim tax losses from earlier income years, you will need to select this item.

myDeductions tool

If you have used our ATO app's myDeductions tool to record your deductions throughout the year, you can upload them to the ATO and we can then pre-fill your tax return.

To upload your deductions to the ATO:

  1. Open the ATO app
  2. Navigate to the myDeductions tool
  3. Select 'Back up and upload'
  4. Use your myGov login information to complete the upload process.

If you have completed the upload process after starting your myTax return, select Get my deductions on the Personalise screen to pre-fill your return with the recorded deductions.

For more information, see myDeductions - FAQs.

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