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Get your taxes done using TurboTax
Interesting. What exactly is a 706 form and what do you mean my Estate INCOME tax mixup? And, below what current rate? A 1099-S was issued and I am not sure exactly what you mean. I thought I had to have a K-1 form from the 1041. I'm assuming that is what he must have had to file and taken the tax burden to himself as the Successor Trustee? Are you saying if he did that and filed the 1041 that would show and I should get that copy of the 1041 form he filed that shows he paid the entire federal and state taxes for the state on the capital gains and I not in need of align anything at all?
Someone else said I should file a 8082 form that explains my situation and if I have the details of the 1099-S form and the title of the house sale I would explain and input on this form?