Hey all,
So I'm currently under 18 and don't have a job, but some time ago, Commbank started taxing me with TFN Withholding Tax. I provided my TFN and they stopped. I got a refund for the outstanding amount from the current financial year by asking them in person, but they redirected me to the ATO for the previous financial year. I rang up the ATO, and asked them how to do it. They pointed me to a form (accessed here Refund of over-withheld withholding: how to apply | Australian Taxation Office (ato.gov.au)) and I've tried filling it out but there are parts that confuddle me.
So, filling out Section C and obviously, I'm not involved in anything shares-wise, so Section E doesn't apply to me, right? I look at Section D, and there are areas to fill such as "Security code (ISIN or common code)", "Name of security", and "Securities clearance account number". What does any of this mean? I'm not a part of the share market, so I wouldn't have anything to do with these, right?
There is also "Date of interest, dividend or royalty payment", but I was taxed over the period of the entire financial year (every month), so would I put in the last day of that financial year, or do I (Heaven forbid) have to fill out forms for each time they taxed me?
I am also assuming I am ticking No in relation to "Are you claiming a refund because you satisfied the straddle holding period rule? "
The only evidence I'm able to provide are statements provided to me from my bank. Nothing else, since I haven't done anything. I've tried reading up all this on their website, but it's not been entirely helpful...
Any help is appreciated immensely.
Warm regards
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