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Is a federal tax return considered part of the estate of a deceased person?
Wiki User
∙ 14y ago
Yes. You may want to read IRS Pub 559 for Survivors, Executors and Administrators.
Publication 559 is designed to help those in charge of the property (estate) of an
Individual who has died (decedent). It shows them how to complete and file federal income tax returns and points out their responsibility to pay any taxes due.
A comprehensive example, using tax forms, is included near the end of this publication.
Go to the IRS gov web site and use the search box for Publication 559, Survivors, Executors, and Administrators.
Click on the below Related link
Wiki User
∙ 14y ago
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Who files tax return for a deceased person?
The executor of the estate files the tax return for the deceased.
Tax on all real and personal property of a deceased person is?
estate
Are the parents of a deceased adult son responsible to file federal tax returns when the person died intestate?
The executor of the estate is responsible. They are required to file a tax return for the deceased. It may be a good idea to consult a tax attorney before doing this.
What type of tax is imposed on all real and personal property of a deceased person?
estate (A+)
Are checks made out to the estate of a deceased person reported to the decedant's estate?
It is a bit hard for anyone other than the estate to cash the checks, so yes, they are reported to the estate.
Are unsold works of art which have not been appraised of a deceased person considered to be assets to his estate?
Yes, they are part of the estate. The executor is responsible to get the assets appraised. Only then can the estate be settled and distributed.
Are retirement benefits the same as life ins on an estate?
Retirement Benefits after Death?NO. Retirement benefits cease once a person dies and therefore would not be part of an estate. When a person Dies, they are no longer considered "Retired", They are after death considered "Expired".Life insurance also is not part of an estate unless there is no named beneficiary. The proceeds of a life insurance policy belong to the beneficiary named on the policy, Not to the deceased nor to the deceased estate.
Who protects a deceased person's property?
The executor of the estate.
Is a deceased person's furniture taxable?
The value of the furniture forms part of the deceased person's estate. If that estate is liable to taxation in the country in which you live, then yes tax would have to be payed on it.
Who files tax return for a deceased person?
The executor of the estate files the tax return for the deceased.
Can a deceased person be sued for injuries suffered in a car crash he caused and if no estate has been opened?
You cannot sue a dead person but you can file a claim against the deceased individual's estate. If no estate has been opened, you can petition the court to open an estate.
If a person has been granted the administration of estate of the deceased is he or she obligated to pay the deceased debts?
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Can your deceased mothers life estate property be reversed?
A deceased person could have their life estate property revised. It is best to seek the advice and assistance of a lawyer.
What does the executor of a will do if someone mentioned in will is deceased?
They will look to the wording of the will. It should specify whether that share goes into the general estate or to the deceased named person's estate or heirs.
How does probate handle the sale of a home?
If the person who owned the home is now deceased, that person's estate must be probated before the home can be sold. Probate is what authorizes someone representing the estate of the deceased person to sell the home.
Tax on all real and personal property of a deceased person is?
estate
What are the UK laws regarding the debts of a deceased person Who pays them off?
The estate of the deceased is responsible for paying all the deceased's lawful debts.
