Deased lump sum.

By Marc Sevitz · Updated

My husband passed on 2011 September and I had a lump sum paid out to me should I submit those statements at SARS?
TaxTim Marc

TaxTim Marc said:
15 May 2014 at 15:22

The fund who paid the amount out would have already deducted the tax and paid this over to SARS. When you submit your 2014 tax return, the IRP5/IT3a document will already appear there. There is no more tax to pay. Just hold onto the document the fund issued you in case SARS asks for it.