print friendly version
Text Size  A  A  A

Trust (including income from estates)

Income Tax Return, Form T, is meant for the administrator/executor/trustee to declare income that accrues:

- one day after the date of death from assets left behind by a deceased person, or
- from assets held under a private trust/settlement

Who to submit Form T

The following persons (including non-residents) should submit the Form T:

  1. Legal personal representatives (administrator/executor) of an estate of a deceased or trustee of an estate held in trust.
  2. Trustee of a private trust or settlement.

How to obtain Form T

You must request for a Form T from IRAS. The Form T is not downloadable from IRAS website.

The legal personal representative/trustee should submit the Form T to the Comptroller of Income Tax by 15 Apr. If he has not received a form by 15 Mar, please obtain the form from the Comptroller of Income Tax.

(i) For new estate or trust

In the case of a new estate or trust, the legal personal representative or trustee has to provide information on the estate or trust in a request form:

Please send the completed request form to:

The Comptroller of Income Tax
Clubs & Associations, Trust and Gaming Branch
55 Newton Road
Singapore 307987

(ii) For existing taxpayers

If you have not received or misplaced your Form T, please call 6351 3363 to request for another form.

 

FAQs

Q1. When will I stop receiving Form T from IRAS?

IRAS will stop sending Forms T to the executor/administrator/trustee when all income producing assets of the estate are no longer registered in the name of the deceased or held in trust for the beneficiaries.

Q2. I have already declared the estate's income in my personal tax return as I am one of the beneficiaries. Why do you still send Form T to me?

You only need to declare your share of the income in your Form B1 under 'Other Income'. As a trustee, you are required to declare the whole amount of the estate's taxable income from all sources under the Form T.

Q3. The estate/trust has been fully distributed. Why do I still need to file Form T this year?

A Form T has to be filed for income derived by the executor/trustee up to the date the income source ceased.

 
Rate this page
Strongly Disagree                                    Strongly Agree
Information is easy to understand.
Information is useful.
Information is easy to find.
Tell us how we can improve this page.
If you would like us to get in touch with you on your feedback, please leave your contact details.
 
For enquiries regarding your personal/business tax account, please email us.
 
Last Updated on 7 December 2012


© 2007 Inland Revenue Authority of Singapore. All Rights Reserved.