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posted Apr 21, 2025 7:40:27 PM

Calif Franchise tax board Final FTB form 3840

what is authority that upon the death of a taxpayer who had previously completed a tax free exchange, final form 3840 is required and no further filing or tax is due?

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Expert Alumni
Apr 22, 2025 1:04:11 PM

A final return is required for the year the individual died.  So if someone died in 2024, and had taxable income or reporting requirements, a return would need to be filed for 2024 by April 15th or with an extension.  Death does not change the due date.