Australian government pension or allowance
This is a return field only and will not be printed on the Facsimile tax return.
Deceased estates only
Amounts of assessable income received after death
If amounts of assessable income, including interest, rent, and business or employment income, are received after a taxpayer's death, they are part of the deceased estate. The trustee is then liable to pay any tax due on those amounts.
If the Trustee is entitled to SAPTO enter that offset in the Return Properties > Estimate Tab > Trust Estate Rebates. In Accountants Enterprise that amount will be reflected in the F4 estimate.
Recreation leave and long service leave
Amounts of recreation leave and long service leave, ordinarily assessable under sections 26AC and 26AD of the ITAA 1936, are exempt from tax when paid directly to the trustee of a deceased estate.
Value of the tax instalments deducted: The value of tax instalment deductions entered here must be less than the amount of income.
Amount of income: If an amount of income is entered here, then a description is required.
Rebate indicator: If a pension rebate indicator is entered, then a pension amount greater than zero must also be present. The rebate indicator is used to determine the amount of pension rebate.
The pension rebate indicator depends on the status of the taxpayer at the time of receiving Australian Government pension or allowance.
Senior Australians and Pensioners (SAPTO Codes) include:
A - Single, separated or widowed
B - Married or de facto and living apart due to illness or in a Nursing Home during the income year and both are eligible for the Senior Australian’s offset (SAPTO)
C - Married or de facto and living apart due to illness or in a Nursing Home during the income year but the spouse was not eligible for the senior Australian’s offset (SAPTO)
D - Married or de facto and living with spouse and both eligible for the senior Australian tax offset (SAPTO)
E - Married or de facto and living with spouse but spouse not eligible for the senior Australian tax offset (SAPTO)
Low-age Australian Government Pensions and allowances include:
S - Single, widowed, separated or sole parent
P - Married or de facto and living with spouse
I - Married or de facto and living apart due to illness or in a Nursing Home during the income year
Where more than one code applies use:
I - If both I and P apply
Q - If both S and P apply
J - If both S and I OR all codes (S, P and I) apply
Exception:
'S' and 'P' - if prior to 12 March 1992 (and continuously since then), the taxpayer has received a social security pension and has had a spouse, married or de facto, and the spouse has not received any Commonwealth of Australia government benefits, pensions or exempt pensions and the taxpayer receives social security or Veterans Affairs pension, choose the code that gives the higher rebate.
CCH references
6-180 Deceased's income received after death
10-190 Social security - government pensions and allowances
44-170 Death of taxpayer tax checklist