Item D11 - Deductible amount of undeducted purchase price of foreign pensions or annuities
See Item D11 label Y on the ATO website for further information.
Did you receive a foreign pension or annuity which has a deductible amount of undeducted purchase price (UPP)?
If you showed income from a foreign pension or annuity at label D item 20 on your tax return you may be entitled to claim a deduction to reduce the taxable amount of the pension or annuity income if your pension or annuity has a UPP. Only some foreign pensions and annuities have a UPP. The UPP is the amount you contributed towards the purchase price of your pension or annuity (your personal contributions).
Use the Foreign pensions and annuities (fpa) , at label Y to enter the deductible amount of undeducted purchase price of a foreign pension or annuity.
Both item 20: label D and D11: label Y will be completed when you close the fpa worksheet.
