Estate tax form 1041

[DGFRG]

My mothers estate has no income and no capital gains, do I still have to fill out the form 1041?  The only asset was a house, which sold well under FMV due to how dated it was inside.  The sale took place just under 6 months after her death. The proceeds will be split up amongst her children.

I have already filled out her personal tax forms 1040 which had little income and well below the personal exemption.  She has not paid any taxes in years.  I plan on sending in these tax forms by mail.

Do I need to send in a form 1041 with all the attachments to show that there is no income and no capital gains?

Thank you!

[M-MTax]

Yes, you do because although there was no gain the IRS has no idea re the estate's basis unless you report it on the 1041.

Also, there's a possibility that the estate could recognize a loss which could be passed through to the beneficiaries (as long as the house was not used for personal purposes).