Hi Chrissy,

I just noticed that you are still a bit confused so sorry for not replying sooner.

Lump sum superannuation death benefit's are tax free when paid to a dependant. (Which I assume you are)
Life insurance payouts are also tax free.

Parenting Payment (Single) is assessable income and to be included in a tax return - you are entitled to a pensioner tax offset for this income - which will offset any tax payble for you on this payment.

The $1000 interest is also assessable income. Have the bank withheld withholding tax on this interest (they will if you did not provide a tax file number for this account)? If there is withholding tax on this interest, declare it in your tax return and in your case you will get it refunded.

From the information you give your taxable income is about $9,000, of which you will receive a tax offset for the parenting payment amount and you will also be entitled to a low income offset of $1200.

Basically given what you've told me you will not have any tax to pay. If the bank have withheld tax on the interest they paid you you will get this refunded - but no other amounts are refundable.

(I'm an accountant (tax) by the way)

Hope this helps, I suggest just taking everything you have to an accountant after 30 June and getting your return prepared - shouldn't cost you much as it's not a labour intensive type of return and then you dont have to worry about getting it right.