As a result of a High Court decision on 11 November 2010, you may be eligible to claim a deduction for your study expenses if you received youth allowance to study full-time.
You do not need to do anything to claim a deduction. If you paid tax in the 2007, 2008, 2009 and/or 2010 years, ATO will write to you between 1 March 2011 and 30 April 2011 to advise you that they will amend your assessment to include a deduction of $550 for each year you are eligible.
You are eligible for a deduction for your study expenses for each year you lodged a tax return if:
You paid tax if: