- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@ej416 wrote:.....since I am using a fiscal year, can I report the sale of the home and file a final return now, along with K-1s for the 2021 distributions?
Since this is the estate's initial return, you can select a fiscal year that, for example, begins on the date of death in June of 2020 and ends on May 31, 2021.
You can therefore include the sale in March of 2021 (and distribution in April) on this initial, and final, return.
‎April 10, 2021
7:09 AM