@Lynn90275 wrote:
@Anonymous_ Thank you so much for your response. 2022 is actually better for me.
However, I saw a link to 1041 Instruction. My interpretation of the period covered is that I am to use 2021 return.
@Lynn90275
Yes, you will use IRS Form 1041 for 2021 (i.e., the 2021 edition of Form 1041) for the estate income tax return.
However, since the fiscal year ends in 2022, you (and any other beneficiaries receiving a K-1) will enter the information from your K-1 into your 2022 individual income tax return (Form 1040).
