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  • R1 Lump sum payment



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Did the SMSF pay any super lump sums for the member?


    Leave R1 blank. Go to R2.


    Read on.

    Write at R1 the total amount of super lump sum benefits paid for the member in 2014-15.

    Use table 11 to work out which code applies to the amount you wrote at R1. Print the code in the Code box to the right of R1. If more than one benefit type applies, use the code that describes the largest payment amount.

    Do not include at R1:

    • amounts transferred from the member’s account to their spouse's super account as a result of a contributions splitting arrangement (include these at Q Outward rollovers and transfers)
    • amounts transferred from the member's account because of a family law obligation (include these at Q Outward rollovers and transfers).

    Where a member receiving an income stream chooses to receive a super payment in addition to their normal income stream payments, in some circumstances the additional payment is a super lump sum. For more information, see Payments in addition to income streams.

    Table 11: Lump sum benefit type codes


    Benefit type


    Lump sum benefit for a member 60 years old or older


    Lump sum benefit for a member less than 60 years old


    Death benefit to a dependant


    Death benefit to a non-dependant


    Terminal medical condition benefit


    Other lump sum benefit type (for example, permanent incapacity, severe financial hardship, approved compassionate payment)


    Release authority payment (for example where an amount is paid under a release authority given for excess non-concessional contributions tax)

    Last modified: 13 Feb 2019QC 44344