Part Year Residency
The Part Year Residency worksheet may be opened in the Individual return from item M1 or A2.
This dialog is used to record the date at which the taxpayer's residency in Australia commenced or ceased. Part year residency affects the tax free threshold.
Threshold Category: From the dropdown list select one of the following:
Commenced residency (arrived in Australia), or
Stopped residency (departed from Australia).
Enter relevant Date: From the details entered the system calculates the revised tax-free threshold and displays:
the number of months,
the number of days resident, and
the number of days the taxpayer is exempt from the Medicare levy.
Back to Medicare Levy Worksheet