- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
[Event] Ask the Experts: Extension Filers
Thanks for your reply!
There definitely will be a K-1 as this distribution was from an IRA. While we are beneficiaries of the estate, we are not direct beneficiaries of the IRA so we can't just go with the usual inherited IRA procedures.
Given the past behavior if this attorney/executor, I would be seriously shocked if the K-1s arrived in time to file by Oct 15 despite our pleas.
You've cautioned me not to file without the K-1 and if we're still in limbo come the October deadline, what do I need to do? Even though I filed for the extension and paid a good faith estimate of what my tax might be, does the IRS then treat me as not having filed my 2024 return? Is there some form to send that alerts them to my situation?
2 weeks ago