You'll need to sign in or create an account to connect with an expert.
In general, it is better to file an extension if you know you are not filing a complete return instead of filing a false return and then amending it.
However, do you have taxable income from your fathers estate? If not, then you may not get a K-1. You may want to talk to the attorney or whoever is handing the estate to find out if you will be getting a K-1 and then you can decide if you should file your taxes now or wait until you get the K-1.
How Can I Protect My Inheritance From Taxes?
In general, it is better to file an extension if you know you are not filing a complete return instead of filing a false return and then amending it.
However, do you have taxable income from your fathers estate? If not, then you may not get a K-1. You may want to talk to the attorney or whoever is handing the estate to find out if you will be getting a K-1 and then you can decide if you should file your taxes now or wait until you get the K-1.
How Can I Protect My Inheritance From Taxes?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
alvin4
New Member
teach00001
New Member
bartdolce
New Member
Marivic-2
New Member
cheery2
New Member