I am the administrator of my father's estate. He passed away in October 2023 and I obtained an FEIN with a fiscal year that ended 9/30/24.
Due to some real-estate that I am trying to sell, the estate is still open, but closing for the sale of the real-estate now look like it will be in November.
My question is: I have filed the returns for the fiscal year ended 9/30/24. If the real-estate transaction closes in November, can I file the final return on a 2023 1041 before the 2025, or do I have to wait until 2025 and file using the 2024 Form 1041?
Thanks
You'll need to sign in or create an account to connect with an expert.
Thanks for your reply - I understand for the final return it can be a short-year. My question really is if I file a short year for 10/01/23 - 11/30/23 can I do it using TurboTax Business 2023 on a 2023 1041 or do I have to wait for the version that can produce a 2024 1041?
Thanks again!
Thanks that is great.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jmuth
New Member
KellyE2024taxes
New Member
pjand
Level 1
venkyd
Returning Member
Steverino78
Level 2