Hello!
Hoping for some clarity. For the last year I have been paying my HECS loan through the compulsory repayments taken from my salary. My tax return is not tax ready yet, but I thought I’d look at the estimate. It says I owe the ATO money - looking at the break down, it has $2500 in HECS repayments owing which puts me in negative. Is this because my tax return is not ready yet? Once it is ready, will this amount disappear? Because I’ve been paying the compulsory payment every pay check. I don’t know why I’ve paid it all year & it’s asking for another $2500. Thank you.