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Estate Tax Return File Year question
Person died in November 2023. I was assigned Personal Representative in Feb. 2024 for the estate. According to TurboTax, the estate began on the date of his death. We filed a final individual income tax return for him for 2023 (so all income/expenses for 2023 were included). The bulk of the income & expenses occurred in 2024. I just purchased Turbo Tax Business to complete 1041, but all the forms are for 2023. Did I just waste my money on the wrong tax year forms?
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‎October 14, 2024
9:09 AM