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Most helpful replyATO Certified Response

EthanATO(Community Support)Community Support
ATO Certified Response3 Aug 2022

Hi @janeatohelp,


The balancing account stage is where we balance the result of your tax return against your accounts with us and other Australian Government agencies.


This stage is when we work out if you have a refund or a tax bill. We have a great article explaining what each tax return status means.

All replies

Most helpful replyATO Certified Response

EthanATO(Community Support)Community Support
ATO Certified Response3 Aug 2022

Hi @janeatohelp,


The balancing account stage is where we balance the result of your tax return against your accounts with us and other Australian Government agencies.


This stage is when we work out if you have a refund or a tax bill. We have a great article explaining what each tax return status means.

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What does balancing account mean | ATO Community