Deductions

Based on the selections on the Personalise return screen, myTax will automatically display some deductions.

The following deductions are automatically displayed

If you have salary or wage income:

• 'Work-related expenses' will be selected on the Personalise return screen, and the following items will display on the Prepare return screen:  
  • Work-related car expenses
  • Work-related travel expenses
  • Work-related clothing, laundry and dry-cleaning expenses
  • Work-related self-education expenses
  • Other work-related expenses  
   

Always displayed:

• 'Gifts, donations, interest, dividends, and the cost of managing your tax affairs' will be selected on the Personalise return screen, and the following items will display on the Prepare return screen:  
  • Interest deductions
  • Dividend deductions
  • Gifts or donations
  • Cost of managing tax affairs  
   

If you have a foreign pension or annuity, no selection is necessary on the Personalise return screen, and following item will display on the Prepare return screen:

• Undeducted purchase price (UPP) of a foreign pension or annuity

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

To claim deductions, you will need to select 'You had deductions you want to claim' and then select the items that are relevant to you.

If you are unsure which items apply to you, or to read more about these items, select from the links below.

• Work-related expenses
• Income protection, sickness and accident insurance premiums
• Other deductions, which includes    
  • Personal super contributions
  • Deduction for project pool
  • Forestry managed investment scheme deductions
  • Low value pool deduction
  • Any other deductions  
   

Tax losses of earlier income years

If you wish to claim tax losses of earlier income years, you will need to select 'You had tax losses of earlier income years'.

If you are unsure if this item applies to you, read tax losses of earlier income years.