Things you need to know
Declare at this question Australian super lump sum payments or super death benefit payments you receive, including those from:
- super funds
- approved deposit funds
- retirement savings account (RSA) providers
- life insurance companies.
It's also about:
- amounts we pay you for the super guarantee charge or the super holding accounts special account
- payments you receive from the unclaimed money registers.
If you don't receive any Australian superannuation lump sum payments, go to question 9 Attributed personal services income 2025.
You need to declare lump sums you receive from foreign super funds in the supplementary tax return at question 20.
When you don't include a super lump sum
Don't include any of the following:
- Tax-free component of any super lump sum, including any super co-contribution or low-income super tax offset payment from us. These amounts are tax free and you don't include them in your assessable income.
- Lump sum payments you receive as a death benefits dependant of the deceased, these amounts are tax free and you don't include them in your assessable income.
- Taxed element of a super lump sum payment you receive on or after your 60th birthday (these amounts are tax free and you don't include them in your assessable income) unless it is a death benefit super lump sum payment you receive as a non-dependant.
- Super lump sum payments you receive as the trustee of a deceased estate (you must show this payment in the trust tax return of the deceased estate).
- Amounts from a 'release authority' you receive because of an excess contributions tax assessment (these amounts are tax free and you don't include them in your assessable income).
- Amounts you receive because you have a terminal medical condition; these amounts are tax free and you should not receive a PAYG payment summary – superannuation lump sum for this type of payment).
- Departing Australia super payments.
What you need to answer this question
You'll need your PAYG payment summary – superannuation lump sum.
If you can't find or think there is an issue (such as the dependency status) with your payment summary, contact your payer. If you're unsuccessful, see PAYG payment summary – individual non-business.
Completing your tax return
To complete this question, follow the steps.
If you receive 2 or more super lump sums during the year, you'll need to complete a Superannuation lump sum schedule. Go to Step 4.
Step 1
Write the date of payment and your payer's ABN, in the left column at question 8.
Step 2
Write the total amount of tax withheld, from your payment summary, under Tax withheld at question 8.
Step 3
From your payment summary, write at question 8:
- the taxed element amount at label Q
- the untaxed element amount at label P.
If you receive a lump sum death benefit payment, print N in the TYPE box at question 8. Otherwise, leave the TYPE box blank.
You have finished this question. Go to Where to go next.
Step 4
As you have 2 or more super lump sums, using the information on your payment summaries, you need to complete a Superannuation lump sum schedule.
On the schedule, write:
- the income year
- your full name and TFN
- payment details from your payment summaries
- date of payment
- tax withheld
- taxable component
- taxed element
- untaxed element
- print X at either yes or no, to Is this payment a death benefit?
- Payer's ABN
- sign and date the Taxpayer's declaration.
Step 5
When the schedule is complete, add together all the:
- tax withheld amounts
- taxed elements
- untaxed elements.
Transfer the 3 totals to question 8 in your tax return.
Write the total tax withheld in the Tax withheld column.
Write the total taxed elements at label Q.
Write the total untaxed elements at label P.
Print M in the TYPE box.
Don't write any date of payment or payer's ABN in your tax return.
Step 6
Attach your schedule to page 3 of your tax return.
Print X in the Yes box at Taxpayer's declaration – question 2 in your tax return.
Where to go next
- Go to question 9 Attributed personal services income 2025.
- Return to main menu Individual tax return instructions 2025.
- Go back to question 7 Australian annuities and superannuation income streams 2025.