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Get your taxes done using TurboTax
You are very kind, @pk!
My daughter is the Executrix . An error, we discovered, was made when writing the will that neither my husband nor I caught! We intended for each other to be the executor, and then our daughter after the last of us to pass, but she was named as Executor to begin with! Totally our fault for not noticing it! It's a bit tricky in some respects because she lives overseas, but we liaise easily with each other and so it's really not that big of an issue until it comes to needing wet signatures.
In any case, the estate sold the house and so I believe technically the estate has to report it. Either way, I will owe no CGT or income tax because I am the sole beneficiary; it's just figuring out how to best report it so I don't get taxed. I guess I will need to get a CPA to do my taxes for me next year. If your Trusts/Estates folks have any ideas, I'm open to hearing them! I'd rather prepare my own taxes with TT if possible!
This year, there was a tiny bit of "income in respect of a decedent" so we had to do a 1041, and then issued a K-1 to me, which went onto the 1040 as taxable income. (It was vacation pay that was paid out a couple of months after my husband's death).