Have a Tax Question? Ask a Tax Expert
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If you file a joint tax return and use a standard deduction - you may have taxable income up to $19,800 in 2010 - and still will not owe any income taxes. Your taxable income might include taxable pensions, taxable part of your social security benefits, interest earned in the back, etc.
If you know your taxable pensions or any other taxable income - I will estimate your possible tax liability. Please let me know if you need any help or references.
Please let me know if you need any help.
we are have diffrent tax filement
send this earlier too fast.
not so sure how this chat works.diffrent filements. self funded pensioner.what abot S A T O
If you're aged 55 to 59, a tax offset may be available on the taxable portion of your income payments. Because you're over 60 pension payments (and lump sum withdrawals) are tax-free.
For other taxable income - the current resident's tax-free threshold is $6,000
See here - http://www.ato.gov.au/individuals/content.asp?doc=/content/12333.htm&mnu=42590&mfp=001
The Senior Australians and pensioner tax offset calculator will help you determine your eligibility and calculate the amount of senior Australians tax offset and pensioner tax offset you can claim. - http://calculators.ato.gov.au/scripts/axos/axos.asp?CONTEXT=&KBS=sato2010.xr4&go=ok
You may also use this tax calculator, - http://calculators.ato.gov.au/scripts/axos/axos.asp?CONTEXT=&KBS=ctax2010.xr4&go=ok