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. 

If 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.

If 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.

Notice of bank information of an Estate (7926e)

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

When using your Suomi.fi authorisation, log in with your personal e-bank codes, a mobile certificate or a certificate card.

How to grant an authorisation for tax matters

Refunds paid as a money order

If the Tax Administration does not have the refund recipient’s bank account number, the refund will be paid by money order, i.e. paid through Nordea Bank.

After receiving a money order, you can act in two different ways:

A. You can still submit your account number in MyTax. The tax refund is already on its way to the bank where you can cash the money order. If you do not cash the money order in 28 days, the bank returns the uncashed amount to the Tax Administration. The time limit is counted from the date of the money order. After the time limit has expired, the tax refund will be paid to your bank account within about a week.
How to submit a bank account number in MyTax

B. Go to a Nordea branch office in Finland that offers cash services. Take the money order with you to cash the tax refund. You must do so within 28 days from the date of the money order. For more instructions, see the letter you received from the bank. Please note that the bank will charge you a service fee for the cashing of the refund.

Note:

  • Refunds below €15 will not be paid by money order. Please contact the Tax Administration if you wish to cash the refund at the bank.
  • Nordea will send you a letter about the money order to the address saved in the Tax Administration’s records. You cannot receive a money order unless the address is in Finland.
  • If the amount of the refund is higher than €1,700, the Tax Administration will pay it into the recipient’s bank account, if possible. In these cases, the refund can be paid by money order only on your request.