Click this link to open the information on Item A1 label J on the ATO website.
Use the Tax For person under age 18 completing Form I (Schedule U) to enter the excepted income and action code to be returned at label J and any excepted net capital gain to be integrated to the 'Calculator' only field at item 18.
The worksheet contains all the eligibility criteria for Excepted Net Income (ENI) together with fields for the types of income that make up ENI.
If the taxpayer is under 18 and is married or has a de facto spouse, then spouse details must be completed.
Complete Part B for excepted income.
Other attachment schedule information has been removed.
In the Adj Credits tab, the HECS-HELP, SSL, TSL, SFSS and VSL section is now called Study and training loan repayment.
From 1 July 2019, all study and training loans are covered by one set of thresholds and rates.
There are 6 fields in this section. This is the hierarchy in which the compulsory repayments are applied.
- Higher Education Loan Program (HELP)
- VET Student Loan (VSL)
- Student Financial Supplement Scheme (SFSS)
- Student Start-up Loan (SSL)
- ABSTUDY Student Start-up Loan (ABSTUDY SSL)
- Trade Support Loan (TSL)
Complete the Non-resident foreign income worksheet if you're non-resident with HELPor TSL debt.