Your income estimate for FTB and CCB is the same... so if you over estimate for FTB and end up with a debt, your CCB will end up with a debt...
That said, if you still receive CCR quarterly that generally buffers the CCB debt and you end up ok.
FWIW the best thing to do IMO is give a higher estimate now in order to save you from the debt later... if you can afford to live week to week without the additional ftb.
For me to estimate 10-15k lower only gave me $13 extra a fortnight... not worth it
Oh... and (i think this is correct because I did it last year) - if you increase your estimate later on - you can choose to have your FTB and CCB 'adjusted' to avoid the debt as well.
So for example you estimate 70k combined income now and in four months you up it to 80k - not only will the FTB and CCB adjust to the new figure you are giving, but you can also elect to have more withheld to help it balance out - iykwim.
Last edited by The[cookie]Doctor; September 28th, 2011 at 12:12 PM.
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