ea_rva aka acctgtaxmatters
Level 5
02-25-2022
01:22 PM
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Estate has been filing on calendar year basis. Can the final 1041 include 15 months (Jan 2021 to Mar 2022) or do I file 2021 + short year for 2022?
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IRonMaN
Level 15
02-25-2022
01:24 PM
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You would file 2 - I guess you could call it a long and a short.
Slava Ukraini!
dascpa
Level 12
02-25-2022
01:33 PM
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There was a prior post many years ago on this. The practitioner reply was if the last two months of the estate were non-income producing and just closing out the checking account then there would be no harm in filing one return. Obviously wouldn't work if income items or distribution deductions took place.
jeffmcpa2010
Level 11
02-25-2022
03:22 PM
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I file 2021 + short year for 2022?
yes
ea_rva aka acctgtaxmatters
Level 5
02-27-2022
03:59 PM
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Many thanks for everyone's replies!
IRonMaN
Level 15
02-27-2022
04:03 PM
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You betcha!
Slava Ukraini!
