sjrcpa
Level 15
03-14-2025
02:42 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It's an estate. If there is also a trust, depending on what kind, you may be able to make a Section 645 election and only file one return.
The estate can have a fiscal year of 6/17/24-5/31/25.
Trusts are calendar year unless included as part of the estate with the election.
The income will flow out on K-1s if it is distributed. The withholding will not.
The more I know the more I don’t know.