thread: estimates

  1. #1
    Registered User

    Apr 2007
    gold coast
    1,759

    estimates

    ok so i am just doing my tax and dh's tax and they r dif to my estimates. mine is under by like 7k but dh's is over by 5k.
    will i owe anything because dh's is over or does it go off the combine income?

  2. #2
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    ftba goes off your combined income - so if you over estimated your income by 7k, and your dh was underestimated by 5k, you should be ok-ish there

    ftbb goes off the income of the lower income earner, so if that was you, you're ok, if your DH, then you're in trouble with a potential over payment

  3. #3
    Registered User

    Apr 2007
    gold coast
    1,759

    i am the low income mine was estimated at 20 but it was only just over 13. dh was estimated at 62 but his was 65
    thanks for the info bg
    Last edited by sassy123; July 9th, 2012 at 07:59 PM. : forgot to add thanks

  4. #4
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    no worries