Filing Income Tax for the Deceased
In Singapore, income earned by someone up to the date of their death is subject to income tax. The executor or administrator of the deceased's estate is responsible for filing the income tax return. Here's what you need to know:
Who files:
The executor or administrator of the estate is responsible for filing the income tax return for the deceased.
How to file:
The standard income tax return form isn't used for deceased individuals. Instead, a specific form, Form T (Estate or Trust Income), needs to be filed.
Here's the process:
Request the Form: You can't download Form T directly. Instead, download a Request Form for Form T from the IRAS website and submit it via email to trust@iras.gov.sg.
Documents required: When you email your request, include the following documents:
A copy of your Singpass (used for logging into IRAS myTax portal).
A copy of the deceased's death certificate.
A copy of the Grant of Probate or Letters of Administration (if available).
Details of the deceased's income up to the date of death (type and amount of income for each source).
Details on any tax reliefs applicable to reduce the tax burden.
Processing: After submitting the request form, IRAS will send you a Trust Reference Number and a copy of Form T to be filled out.
Additional resources:
IRAS webpage on income tax for deceased: IRAS deceased income tax on Inland Revenue Authority of Singapore
My Legacy Singapore guide: settle outstanding bills and taxes deceased singapore on My Legacy
Sources
How Bestar can Help
Bestar offers a range of services that could be helpful with filing income tax for the deceased in Singapore. Here's what we might be able to do:
Prepare and submit Form T: Bestar can help you complete Form T (Estate or Trust Income) which is required for filing the deceased's income tax return.
Gather necessary documents: We can assist you in collecting required documents like the death certificate, Grant of Probate, and income details of the deceased.
Calculate tax liability: Bestar can determine the income tax payable for the deceased based on their income up to the date of death.
Identify tax reliefs: We can help you identify any tax reliefs that the deceased may be eligible for, which can reduce the tax burden.
Communicate with IRAS: Bestar can communicate with IRAS on your behalf regarding any questions or clarifications needed during the filing process.
Overall, using an accounting service like Bestar can streamline the process of filing income tax for the deceased in Singapore by providing guidance, expertise, and handling some of the administrative tasks involved.
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