thread: Tax question

  1. #1
    Registered User

    Dec 2007
    Sunny Qld
    14,682

    Question Tax question

    Howdy!

    This financial year just ended is the first financial year EVER that I haven't earned any money - which is just strange since I've always had some kind of income since I was 14

    So anyway - what do you do about a tax return if you don't earn any money? Does FAO send you out something if you are only receiving FTB A and B?

    What do I do about the things that I usually claim in my name - ie, World Vision sponsorship? My medical expenses (I claim the $2000 my midwife charges)....

    Do these things go off DH's tax return? Or do I just chuck these in the bin since I can't claim because I haven't any income? I'm confuzzled. Its hard having no income!!

    Also - I've heard about a payment from the FAO at tax time per child? Can someone tell me more about this? Does everyone get it?

    Sorry if these are really basic questions, but I've always gone to an accountant for my tax return, but thought there was no point if I can't/don't have to lodge a tax return this year.

    Thanks in advance for any help!!

  2. #2
    BellyBelly Life Subscriber

    Nov 2005
    Langwarrin. Victoria
    1,654

    your medical expenses can go on your husband's return as well as any for the kids.....I am not sure about the charity stuff though....and no you do not have to lodge a return if youhad no income this last year.

  3. #3
    You were RAK'ed in 2015.
    Add beansbeans! on Facebook

    May 2008
    with the fairies and butterflies
    2,535

    Im pretty sure, (well I do this every year anyhow) I do etax, enter my details and one of the questions says do you need to lodge? I click no, then have to print out the paperwork and sign it and send it to the ATO.. Well that what I do, I figure at least that way I cant get into trouble!

  4. #4
    BellyBelly Life Subscriber

    Feb 2006
    melbourne
    11,462

    id you dont do one, just make sure you let family assistance know so they can reconsilliate your FTB

  5. #5
    Registered User

    Dec 2007
    Sunny Qld
    14,682

    id you dont do one, just make sure you let family assistance know so they can reconsilliate your FTB
    huh? whaddya mean? (simple words please, I'm sleep deprived lol)

  6. #6
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    You need to call centrelink and let them know that you wont be filing a tax return, otherwise your FBT supplements/top up payment will be delayed as they will be expecting your tax to be filed.

  7. #7
    Registered User
    Add Beatrix on Facebook

    May 2007
    within a puff of pink
    3,315

    You cam advise of non lodgement online if you are signed up to the centrelink site.

    The wait time on phones is massive this time of year.


    Sent from my iPhone using Tapatalk

  8. #8
    Registered User

    Feb 2009
    In the poor house...
    1,565

    OMG - just remembered I was going to ask Mum for you doh ! You should have reminded me sorry !!

    I dont lodge a tax return so I go online to the FAO website and indicate that I am a non lodger so that when DH's tax return is done they know they aren't waiting for a return from me (or you can ring and let them know)
    Reconcilliation $ mean they will pay you a top up payment if you have been under payed (Once your DH's return has been done) also there has been a $600ish payment per child that has been given but I'm not sure if they are still doing that.

    I will pop back after I have spoken to Mum

  9. #9
    Registered User

    Dec 2007
    Sunny Qld
    14,682

    Its cool Jahzara, no rush. (btw, you didn't answer my last text from last night - tsk tsk - answer please!! )

    Thanks everyone, I am registered for online stuff with centrelink so will tell them I don't have to lodge a return Can I do that now or is there a certain date its done after?

  10. #10
    Registered User
    Add Beatrix on Facebook

    May 2007
    within a puff of pink
    3,315

    Now is fine!


    Sent from my iPhone using Tapatalk

  11. #11
    Registered User

    Dec 2007
    Sunny Qld
    14,682

    Cool thanks

  12. #12
    Registered User

    Feb 2009
    In the poor house...
    1,565

    lol I didn't even realise you had sent the text til 11 o'clock this morning !

    DH said NO ! Nada, nil, zip, zilch !

    If you REALLY want to get him something then maybe a movie ticket cause he would love to see the new Transformers movie (He doesn't know I have told you this)
    In all honesty he really doesn't want any payment and he has said it more than once !

    xoxoxo

  13. #13
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    THIS THREAD might help with the FAO stuff, Mel.