icalgin
Level 2
04-07-2021
05:08 PM
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should a form 56 be filed for decedent as well as decedent's trust
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sjrcpa
Level 15
04-07-2021
05:10 PM
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I haven't bothered with Form 56 for years. Seems to be another piece of paper to mail and have it go into oblivion/trailers.
Others may disagree.
The more I know the more I don’t know.
BobKamman
Level 15
04-07-2021
05:23 PM
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Much like a Form 3115. But professional fiduciaries (or tax professionals occasionally serving as fiduciaries) should probably do it, because they should be held to a higher standard.
sjrcpa
Level 15
04-07-2021
09:12 PM
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I file 3115s when needed.
I agree professional fiduciaries should file the 56.
The more I know the more I don’t know.
icalgin
Level 2
04-08-2021
02:40 PM
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So I shouldn't get an error message if a form 56 is not included with 1041??
sjrcpa
Level 15
04-08-2021
03:41 PM
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There's probably a Diagnostic, which can be ignored.
The more I know the more I don’t know.
icalgin
Level 2
04-08-2021
03:52 PM
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Thank you