The executor of the estate files the tax return for the deceased.
The estate of the deceased has to file tax returns.
When a sibling files a tax return for a deceased person, the refund check is typically payable to the estate of the deceased individual. The sibling, as the executor or administrator of the estate, can deposit the refund into the estate's bank account. If there is no formal estate, the check may be issued in the name of the deceased and require additional steps for cashing or depositing, often involving legal documentation like a death certificate and proof of relationship. Always consult a tax professional for specific guidance in these situations.
The person who is designated as the Administrator or Executor of his estate is the one who has the right to file this return and to negotiate any refund check if one is due. The return must be filed and the type of return is a Decedents Return. Only the person authorized in the will and by the local Probate or Magistrate Court is able to take care of these matters.
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.
Yes
If a taxpayer died before filing a return for 2012, the taxpayer's spouse or personal representative may have to file and sign a return for that taxpayer. A personal representative can be an executor, administrator, or anyone who is in charge of the deceased taxpayer's property. If the deceased taxpayer did not have to file a return but had tax withheld, a return must be filed to get a refund. The person who files the return must enter Deceased, the deceased taxpayer's name, and the date of death across the top of the return. If this information is not provided, it may delay the processing of the return.
The estate of the deceased has to file tax returns.
A tax return does need to be filed on behalf of someone deceased for the year in which they died. This is usually done by the spouse, a family member, or an accountant or tax attorney handling the person's estate.
To file a New York State income tax return for a deceased person, you typically need to obtain a tax ID number for the estate, complete and file the necessary tax forms, and submit any required documentation, such as a copy of the death certificate. It's important to follow the specific instructions provided by the New York State Department of Taxation and Finance for handling tax matters for a deceased individual.
The person who is designated as the Administrator or Executor of his estate is the one who has the right to file this return and to negotiate any refund check if one is due. The return must be filed and the type of return is a Decedents Return. Only the person authorized in the will and by the local Probate or Magistrate Court is able to take care of these matters.
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.
Yes
One person files one tax return for whatever income and expenses that person may have, whether relating to a business or a home. However, if you business is incorporated, then it has to file corporate income tax as well.
Sure you do have to report the pension amount on your 1040 federal income tax return and the taxable amount of the distribution will be taxed to you in the same way that it was taxed to the deceased taxpayer.
inheritance tax
How long a person keeps tax records for a deceased person will vary depending on the circumstances. Use your best judgment. It is recommended that a live person keeps their records for 5 to 7 years.
estate