Tax refunds payable to an estate of a deceased person

If you have provided the estate's bank account details, refunds will be paid into that account. If you do not submit a bank account number, the refund will be paid as a money order via Nordea. The Tax Administration cannot distribute a refund payable to an estate to the shareholders of the estate.

If you want us to pay the tax refund for 2021 into a bank account, check the date by which you must submit the missing or changed account number. You can find the dates on the page Which bank account is the refund paid into? If you submit the information on paper, make sure you do so well before the deadline.

The estate’s bank account should not be closed

If the estate has a valid bank account and the bank account number is in the Tax Administration’s records, the Tax Administration can easily pay the estate any tax refunds for the deceased person’s year of death. It is recommended to have a valid bank account number for the estate until the estate is distributed and ceases to exist. 

The bank account is valid but the Tax Administration does not have the bank account number

To report the bank account number, you must ask confimation from the bank – for example, the estate’s account statement issued by the bank. You can also request a confirmation from the bank on the second page of the Notice of bank information of an Estate (7926e). We need the bank confirmation to confirm the validity of the estate’s bank account.

The estate does not have a bank account

The agent authorised by the parties to the estate can report the bank account number. If the estate does not have an authorised agent, each party to the estate must grant their authorisation.

When all the shareholders have given you their powers of attorney for this, you can fill in the form with your personal details and bank account number.

Enclose the following documentation:

  • List of the estate's shareholders
  • Powers of attorney from each one
  • Photocopy of the list of shareholders as enclosed to the deed of inventory of the estate
  • Certified photocopy of the deceased person's will which has been published and approved, if a will has been made
  • Certified photocopies of extracts from the population register that establish the family relations and estate shareholders, if no estate inventory has been conducted

You can use the power of attorney enclosed with Form 7926e, or write out separate letters of powers of attorney that contain the same details. Banks may issue power-of-attorney forms. However, these forms are not accepted for the purpose of informing the Tax Administration of the account number.

Using MyTax for submitting the bank account number – estates registered for VAT and non-resident estates

If the estate is VAT registered, or if it is a non-resident estate, you must use MyTax for the submittal of the bank account number. These estates are only allowed to use the paper form if there is a special reason.

Notice of bank account number in MyTax

You must log in with a Katso ID on behalf of the estate (until 30 April 2021). When using your Suomi.fi authorisation, log in with your personal e-bank codes, a mobile certificate or a certificate card.

To submit bank information, the Katso user must be the master user, parallel master user, or have the Company MyTax role.

How to grant an authorisation for tax matters

Refunds paid as a money order

If the Tax Administration’s database does not contain records of a bank account number belonging to the individual taxpayer who gets a refund, a money order will be made out in Nordea Bank and sent to the taxpayer.  However, if the amount is less than €15 it is paid as a money order only on the taxpayer’s request.

Nordea will send you a letter with the money order, using your address in the Tax Administration’s records. You cannot receive the money order unless the address is in Finland.

After you have received the letter, you can cash the refund at a branch office of Nordea that offers cash withdrawal and deposit services. You must do so in 28 days. For more instructions, see the letter from Nordea. We recommend that you bring the letter with you when you visit the Nordea office to cash the refund.

If you have not cashed the money order in 28 days, Nordea sends your refund back to the Tax Administration.  You will then receive a letter asking you to inform the Tax Administration of your bank account number. When you have submitted your account number in MyTax, you will receive the refund to your bank account in a week.

How to submit a bank account number in MyTax

In general, if the amount of the refund is higher than €1,700, the Tax Administration only pays it to the recipient’s bank account. Money orders can in this case only be made out if the recipient requests it.