According to Services Australia, adjusted taxable income may include different types of income:
- taxable income
- foreign income
- tax-exempt foreign income
- total net investment losses
- reportable fringe benefits
- reportable superannuation contributions
- certain tax free pensions or benefits.
It may also include a deemed amount from account based income streams.
However, it is unclear to me how exactly my adjusted taxable income has been calculated. I have looked through my full notice of assessment and all the information in the tax return, and cannot see how the number that I see on my Centrelink Family Tax Benefit statements. There is simply no alignment. I would like to ask the ATO/ Services Australia to show me the calculation (i.e. which amounts were included), but I cannot see how to do this. How can I clarify this please?
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