Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
In FY2018-19, my semi-retired wife returned to Uni, and was/is studying for a higher degree in her profession (healthcare). So there are associated costs of tuition, textbooks, etc. During FY2018-19, she had no income: no work income, no super payments, no pension. She was/is totally dependent on me, and I paid all costs. My two questions are about how and who can claim deductions for her education expenses:
1) As she had no income, it doesn't appear that she can claim any deductions for self-education. Is this correct or am I missing something? Or can she claim a credit now for future use if/when she returns to work?
2) As I paid for everything, and she was effectively my dependent, can I claim any deductions for her education expenses?