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terramcky
Level 2
Member profile
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  • Re: Estate Income Tax

    ok what about estate administration fees? I need some deductions! lol
    terramcky
    1
    Updated Dec 26, 2024

  • Re: Estate Income Tax

    ok, that's what I thought. I am going with calendar year, therefore, I will have the ending date be December 31st for the same year.Can I deduct expenses from 2...
    terramcky
    3
    Updated Dec 26, 2024

  • Re: Estate Income Tax

    ok, I'm wondering why you referenced a fiscal year return? A tax year could be the same as calendar year, correct?
    terramcky
    5
    Updated Dec 26, 2024

  • Re: Estate Income Tax

    Is the tax return considered a fiscal year because the date of death happened after January 1? Would the fiscal begin date be date of death and end on the anniv...
    terramcky
    12
    Updated Dec 26, 2024

  • Re: Estate Income Tax

    I read the administrator can elect to use the FMV of the property 6 months after date of death. Is this correct? If so, would I just need a real estate agent to...
    terramcky
    16
    Updated Dec 26, 2024
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