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Interest before death of spouse and thereafter on the tax return?

Posted 27 August 2014 under Tax Questions



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I have to complete a ITR12 for a deceased lady, who only received interest income together with the husband.
They are married in community of propery.
How is the before and after death interest shown on both returns

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TaxTimTaxTim says:
27 August 2014 at 21:32

You would need to draw an interest statement up until the date of death and split that by two.


Gerald says:
28 August 2014 at 12:16

Is there option on the information qquestion to exclude the community option. If so I understand your answer?
Thank you for your response


TaxTimTaxTim says:
28 August 2014 at 23:26

Yes, for the investment section you would state that you do not wish to include the amounts as part of the community of property.


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