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  • myTax 2017 Australian superannuation lump sum payments

    We have pre-filled your tax return with payment summary information provided to us. Check for Australian superannuation lump sum payments you received that are not pre-filled and ensure you add them.

    This section is about Australian superannuation lump sum payments or superannuation death benefit payments you received, including those paid by:

    • superannuation funds
    • approved deposit funds
    • retirement savings account providers
    • life insurance companies.

    It is also about any:

    • amounts we paid to you in respect of the superannuation guarantee charge or the superannuation holding accounts special account
    • payments you received from the unclaimed money registers.

    Do not show on your tax return any:

    • death benefit lump sum payments you received as a dependant of the deceased (see the definition of death benefits dependant)
    • taxed element of a superannuation lump sum payment you received on or after your 60th birthday, unless it is a death benefit superannuation lump sum payment paid to you as a non-dependant
    • amounts paid to you because you have a terminal medical condition
    • departing Australia superannuation payments
    • superannuation lump sum payment received as the trustee of a deceased estate
    • amounts released under a 'release authority' issued to you because of an excess contributions tax assessment.

    Completing this section



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

    End of attention

    You will need your PAYG payment summary – superannuation lump sum. If you have not received it, contact your payer.

    1. For each payment summary that has not been pre-filled in your tax return, select Add and enter information into the corresponding fields.
      If your payment summary shows a tax-free component, this amount will not be included in your taxable income.
    2. For each payment summary, answer the question Is this a death benefit?
    3. Select Save.
    4. Select Save and continue.
      Last modified: 12 Jun 2017QC 50971