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Help for insolvent estate 1041
I am filing 1041 and 982 for deceased father, who only had a small checking account at his passing. He passed away on 1/30/2020, but I got a notice that credit card debt was cancelled on 12/31/2021. My father lived in California.
I just finished the 1041 on turbotax business but got a prompt to file a state tax return. Do I need to file a CA estate tax return for this cancelled debt for an insolvent estate? Please help!
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‎April 14, 2022
11:30 PM