My wife (age 58) recently received her PAYG Super Income Stream Statement from eSuperfund stating a large amount for tax free component and $0 for Taxable component. I am wondering if I should provide this statement to her accountant to do her tax return. The following two links from ATO and eSupefund have specific examples showing a person age between 55 and 60 exempted from paying tax for his tax free component. However in the past few years my account had included my tax free components each year (and zero taxable components) as taxable income in the tax returns.
Q1: Was my accountant doing correctly or wrongly by including the super tax free component?
Q2: Can I not give my wife’s PAYG Super Income Stream Statement to her accountant?
Q3: My wife’s DOB is in June and turning 60 in mid-June 2016. I assume the best way to avoid declaring her tax-free component in her FY16 tax return is to withdraw all her minimum TRAPs after her birthday in 2016 and then eSuperfund will not issue her Super Income Statement?
