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Father passed away over a year ago

My dad passed away December 2018. I filed his 2018 taxes as his final return. I received a 1099-INT, 1099-DIV, and a 1098 for 2019. I did apply for an EIN before opening his Estate Checking account. Do I need to file for 2019 taxes for him also using the EIN?

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2 Replies

Father passed away over a year ago

File for the estate if the estate got the income....not for your father b/c his final return was already filed.

Father passed away over a year ago

"If the decedent accounted for income under the cash method, only those items actually or constructively received before death are included on the final return.

Income in Respect of a Decedent

All income the decedent would have received had death not occurred that was not properly includible on the final return, discussed earlier, is income in respect of a decedent.

How To Report

Income in respect of a decedent must be included in the income of one of the following.

  • The decedent's estate, if the estate receives it.
  • The beneficiary, if the right to income is passed directly to the beneficiary and the beneficiary receives it.
  • Any person to whom the estate properly distributes the right to receive it."

 

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It would be better for the estate to distribute it to you since the estate tax is so high.
BUT, if the amount involved is less than $600, there is no need to file an estate return. 

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