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Fiduciary Returns for estate open for more than 1 year

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

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4 Replies

Fiduciary Returns for estate open for more than 1 year

 

Fiduciary Returns for estate open for more than 1 year

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!

Fiduciary Returns for estate open for more than 1 year

 

 

 

Fiduciary Returns for estate open for more than 1 year

Thanks that is great.

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