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IT1 Total reportable fringe benefits amounts 2022

Complete question IT1 to include any fringe benefits amounts you received from your employer.

Last updated 25 May 2022

This question is about reportable fringe benefits amounts that you received. Do not show any benefit less than $3,773.

Did you receive any reportable fringe benefits amounts of $3,773 or more?

No

Write 0 at both N and W item IT1, then go to question IT2 Reportable employer superannuation contributions 2022, or return to main menu Individual tax return instructions 2022.

Yes

Read on.

Neither the amount at W item IT1, nor the amount at S in Spouse details, are adjusted down by:

  • the dependant (invalid and invalid carer) tax offset
  • the zone and overseas forces tax offset
  • the seniors and pensioners tax offset
  • the low income superannuation tax offset.

Answering this question

You will need each income statement, PAYG payment summary – individual non-business and PAYG payment summary – foreign employment you received that shows reportable fringe benefits amounts.

See also

Completing your tax return

If a reportable fringe benefits amount shown on your payment summary or income statement is less than $3,773, do not include it in step 1 or step 2. Check with your employer that the amount is correct.

Step 1

Add up all the reportable fringe benefits amounts shown on your:

  • payment summaries with Yes selected at Is the employer exempt from FBT under section 57A of the FBTAA 1986?
  • income statements at Reportable fringe benefits – exempt amount.
  • Write the total at N item IT1. If your total is 0, write 0 at N.

Step 2

Add up all the reportable fringe benefits amounts shown on your:

  • payment summaries with No selected at Is the employer exempt from FBT under section 57A of the FBTAA 1986?
  • income statements at Reportable fringe benefits – non-exempt amount.
  • Write the total at W item IT1. If your total is 0, write 0 at W.

Where to go next

QC67758