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Retirement tax questions
True tagteam, but if the Estate did distribute all income and all gains, then although a Form 1041 should have been and needs to be filed, since no tax is due, even a late filing of the Form 1041 will result in neither penalty nor interest assessed. However, that leaves the question of what the Beneficiaries did or did not do in order to have a timely filing
If this posted response is useful to you, please click on the upraised hand in the lower left of this post. Thank you. Scruffy Curmudgeon--PFFM/ IAFF, retired FireFighter/Paramedic - Locals 718/30, Veteran USAR O3 AIS/ASA '65-'67
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USAR 64-67 AIS/ASA MOS 9301 - O3
- Just donating my time
**Say Thanks by clicking the thumb icon in the lower left corner -it means nothing but makes those than answer feel wanted.
NOT INTUIT EMPLOYEE
USAR 64-67 AIS/ASA MOS 9301 - O3
- Just donating my time
**Say Thanks by clicking the thumb icon in the lower left corner -it means nothing but makes those than answer feel wanted.
May 31, 2019
5:43 PM