• How deceased estate income is taxed for Australian resident beneficiaries

    If the income is an amount to which... Then... the income is assessed... the tax rates which apply are...

    a beneficiary is presently entitled

    determine whether or not the beneficiary is under a legal disability

     

    if the beneficiary is under a legal disability

    to the executor on behalf of the beneficiary

    general income tax rates.

    if the beneficiary is not under a legal disability

    to the beneficiary on their personal income tax return

    the beneficiary’s marginal tax rates.

    no beneficiary is presently entitled

     

    to the executor

    concessional tax rates (for the first three tax returns of the deceased estate).

    Further information

    Find out more

    For more information about deceased estates:

    End of further information
    • Last modified: 30 Oct 2013QC 16832