FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Do I need to declare a lump sum death benefit payout to SARS?

Posted 5 August 2013

My husband recently passed away and I received a lump sum death benefit payout, which already had tax deducted from it. Do I still need to declare this income and if so, what type of income is this?

TaxTim TaxTim says:
7 August 2013 at 18:21

My condolences for the loss of your husband. You do need to declare it, but an IRP5/IT3a will already be loaded onto your ITR12 Income Tax return automatically if you use eFiling (just be sure to check the amounts). If you don't use eFiling then you would probably have been posted the IRP5/IT3a from the fund administrators, so you can include it manually with your ITR12.

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.




Submit your tax return right here!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.