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PSI on tax return when assessed as a Personal Services Business

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Replies 1

100% of my income is PSI and when I completing the PSI Decision Tool, I have been assessed as a Personal Services Business.

 

When completing my tax return on myTax, I am only able to complete the Personal Services Income section OR Business Income or Losses. If I enter an amount in the PSI section, I receive an error to remove this amount.

 

If I am unable to enter my income as PSI, do I enter my total income as Non-Primary Production - Other Business Income? I have to use this section also to enter my JobKeeper payments, so I cannot unselect the Business Income and Losses box.

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Most helpful response

ATO Community Support

Replies 0

Hi @Tjdec74

 

Try following the instructions in this link to complete the Business and professional items. IF you are still having issues you can initiate live chat with one of our consultants from screen 3 and 4 in Mytax.

 

Thanks, Ari

1 REPLY 1

Most helpful response

ATO Community Support

Replies 0

Hi @Tjdec74

 

Try following the instructions in this link to complete the Business and professional items. IF you are still having issues you can initiate live chat with one of our consultants from screen 3 and 4 in Mytax.

 

Thanks, Ari