You are very kind,@pk!My daughter is the Executrix . An error, we discovered, was made when writing the will that neither my husband nor I caught! We intended f...
Yes, I understand that there would be no tax to pay as the FMV is what the house sold for.But, if we complete a 1041 it asks for Income and Deductions. The asse...
Thank you,@pkYou are correct in your understanding of 1-5.Asset is located in the UK.If we file 1041 and issue a K-1 for the distribution, will that mean I am t...
Thank you@pk My sincerest condolences on the loss of your wife. 55yrs is magnificent, and you must feel her loss so deeply.I think I am concerned that my daught...
