If after entering Defined Benefit values to the Annuity or Superannuation Income Stream schedule, the Estimate is incorrectly taxing the taxpayer, please refer to the ATO calculator Defined benefit income cap tool.
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The calculator may provide suggestions based on the information on what needs to be correctly entered into the tax return. Please refer to the ATO for further advice if required.
The Defined Benefit Income Cap amount is causing an incorrect estimate
Updated over 3 weeks ago
