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Ok it appears that I underestimated DH's income but I'm not how to work out how much we owe, as his income changed through the year cos of overtime paid.
For 1 month I overestimated about 10 grand, but for the other 11 months I underestimated $500.
Plus - for 1 month I had my income as 4,000 and for 11 months had it at 1,000 but I didn't earn anything - so will that cancel out the $500 I underestimated?
Not sure if they are the same or not.
Cheers!
Yours will impact ftb b
His will impact ftb a
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ETA
I re read your post. So to be clear,
You overestimated 1 month by 10k
You underestimated 11 months by $500 per month?
That would mean you overestimated by $4500 all up? So you should be fine in that case??
I'm scared I underestimated hubby income by 10k but I was only getting PPL and $52fn ftb b
I'm pretty sure it goes on the whole year.
So by what you have said you over estimated by alot more the. You underestimated.
10k over
500 x 11 = 5500
So you should still be overestimated by $4500?
That's how it worked for me. If DF worked heaps of overtime I just upped the estimate as it was a yearly estimate which you FTB is don't on.
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Mel it should be fine hun
the 1000 you put down for you will counter his 500 underestimate for part a (part a is combined income).
Nah it was $500 for the year - for the 11 months I estimated 63 and got 500 more than that.
Thanks guys (and bg!!xxxx)
you're welcome