Study Expense Deductions for Youth Allowance Recipients

A recent High Court decision means you can also claim a deduction for study expenses this year if you received Youth allowance, Austudy or ABSTUDY. See question D4 for more information and our website

You are eligible for a deduction for each year you lodged a tax return if:

  • you received Austudy, ABSTUDY or Youth allowance to study and included the allowance as income in your tax return
  • you incurred study expenses, and
  • you did not claim a deduction for these expenses.
NOTE: Youth allowance paid to 16-20 year olds when they are looking for work or undertaking approved employment-related activities is not included.

Study expenses you may be able to claim include:
  • the cost of text books
  • home study expenses
  • the decline in value of your computer (you can only claim the study-related proportion, not the proportion used for private purposes).
NOTE: You cannot claim contributions you, or the Australian Government, make under HECS-HELP or repayments you make under the Higher Education Loan Program (HELP) or the Student Financial Supplement Scheme (SFSS).

Copyright 2014. My Tax Zone.