I decided to check the status of my tax return and my voluntary super contribution has been reset to $0!!! Wtf! However, it’s still being processed (“Balancing accounts”) and I don’t want to slow anything down so I think I’ll just wait until it’s been finalised and maybe it’ll be added back in by then. I’ll be a very unhappy camper if I have to amend the lodgement and delay getting my money back…
I was going to be in that position due to an improperly taxed second job and a taxable cash scholarship, but dumped a load into super to get around it. I really need that tax return and not a tax bill, so it’d be nice to get that processed properly…
Yeah, I got the letter confirming the NOI and saw the deposit in my super balance minus 15% tax several days before I lodged my tax return. I didn’t enter a value for TFN under my super contributions (just the fund name, fund ABN and amount contributed) because I couldn’t find a TFN for the super fund (I assume that’s for SMSFs or something), so not sure if that was an issue.
But, my ATO account has been a bit weird, random errors when logging in (not a scam) and there’s a new “payments” prompt at the top of my home page even though there should be nothing outstanding
Edit: I’m a goose, the “debit” account in the payment prompt would be the amount I owe if I didn’t have deductions. Sooo I have no idea why it isn’t through yet. I’ll wait and see…
I decided to check the status of my tax return and my voluntary super contribution has been reset to $0!!! Wtf! However, it’s still being processed (“Balancing accounts”) and I don’t want to slow anything down so I think I’ll just wait until it’s been finalised and maybe it’ll be added back in by then. I’ll be a very unhappy camper if I have to amend the lodgement and delay getting my money back…
I’m paying the ato this year :(
I was going to be in that position due to an improperly taxed second job and a taxable cash scholarship, but dumped a load into super to get around it. I really need that tax return and not a tax bill, so it’d be nice to get that processed properly…
Me too. They usually hit me up for about $4000 :-(
Are you sure your fund has processed your NOI yet?
Yeah, I got the letter confirming the NOI and saw the deposit in my super balance minus 15% tax several days before I lodged my tax return. I didn’t enter a value for TFN under my super contributions (just the fund name, fund ABN and amount contributed) because I couldn’t find a TFN for the super fund (I assume that’s for SMSFs or something), so not sure if that was an issue.
But, my ATO account has been a bit weird, random errors when logging in (not a scam) and there’s a new “payments” prompt at the top of my home page even though there should be nothing outstanding
Edit: I’m a goose, the “debit” account in the payment prompt would be the amount I owe if I didn’t have deductions. Sooo I have no idea why it isn’t through yet. I’ll wait and see…