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Is there any tax payable on benefit from my death husband?

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I am the Administrator of my death husband estate. There was Super fund as Lump sum death benefit. The Lump sum paid to me and my 13 years old daughter equally share. Because she is a minor, the super was fully pay to me to my bank account. Do I have to lodge my own personal income tax return include the full amount of the super fund that from my death huband? 

Do I have to lodge a trustee tax return? There is no trust fund set up. All my death husband estates were settle 6 months after he passed away.

What tax return I need to do? 

Do I have to pay any tax?

 

I lodged a final income tax return on my husband primary income (his job income) and got a refund paid to me. 

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Taxicorn

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Taxable super received as a lump sum

If you're a dependant of the deceased, you don't need to pay tax on the taxable component of a death benefit if you receive it as a lump sum. Don't include it on your tax return as income.

 

https://www.ato.gov.au/Individuals/Super/In-detail/Withdrawing-and-using-your-super/Withdrawing-your...

 

1 REPLY 1
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Best answer

Taxicorn

Replies 0

Taxable super received as a lump sum

If you're a dependant of the deceased, you don't need to pay tax on the taxable component of a death benefit if you receive it as a lump sum. Don't include it on your tax return as income.

 

https://www.ato.gov.au/Individuals/Super/In-detail/Withdrawing-and-using-your-super/Withdrawing-your...