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Topic 356 Decedents final U.S. federal tax return - YouTube
Channel: Maths Platter
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the personal representative of an estate
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as an executor administrator or anyone
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else in charge of the decedent's
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property the personal representative is
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responsible for filing any final
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individual income tax return and the
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estate tax return of the decedent when
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due for more information on personal
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representative responsibilities refer to
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publication 559 survivors executives and
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administrators the filing requirements
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that apply to individuals will determine
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if the personal representative must
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prepare a final individual income tax
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return for the decedent refer to
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publication 17 your federal income tax
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for individuals and how do I file a
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deceased person's tax return interview
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on IRS website for more information the
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method of accounting used by the
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decedent at the time of death determines
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the income to include on the deductions
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to take on the final return most
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individuals use the cash receipts and
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disbursements method under this method
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the final individual returns should show
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only the items of income the decedent
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actually received that were credited to
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his or her account or that were made
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available to him or her without
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restriction before death
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generally the final individual return
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can claim deductions for expenses the
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decedent paid before death if the
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decedent used an accrual method refer to
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publication 559 and publication 538
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accounting periods and methods for more
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information when filing electronically
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follow the specific directions provided
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by the software for proper signature and
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notation requirements otherwise write
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the word deceased the decedent's name
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and the date of death across the top of
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the final individual tax return if
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filing a joint return write the name and
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address of the decedent and the
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surviving spouse in the name and address
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fields if not filing a joint return
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write the decedent's name in the name
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field
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and the personal representatives name
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and address in the address field if a
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refund is due to the decedent it may be
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necessary to file Form 1310 statement of
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person claiming refund due a deceased
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taxpayer with the return if you're a
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surviving spouse filing a joint return
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or a court-appointed or court certified
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personal representative filing an
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original return for the decedent you
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don't have to file Form 1310
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court-appointed or court certified
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personal representatives must attach to
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the return a copy of the court document
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showing the appointment if there's an
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appointed personal representative he or
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she must sign the return if it's a joint
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return the surviving spouse must also
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sign it if you're a surviving spouse
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filing a joint return and there's no
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appointed personal representative you
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should sign the return and write in a
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signature area filing as surviving
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spouse a surviving spouse can file joint
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returns for the taxable year in which
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the death occurred and if the death
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occurred before filing the return for
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the taxable year immediately before the
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year of death if there's no appointed
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personal representative and there's no
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surviving spouse the person in charge of
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the decedent's property must file and
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sign the return as personal
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representative refer to the form 1041
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instructions to determine if the law
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requires filing a form 1041
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u.s. income tax return for estates and
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trusts refer to the form 706
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instructions to determine if the
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decedent's estate must file Form 706
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United States estate and
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generation-skipping transfer tax return
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