99mtamchamp
Level 2

I have a long time client who's husband died last April.  She brought her 2021 tax info in last week.  When I was going through it there is a closing statement in there showing a sale of a piece of land.  The proceeds were issued to my clients deceased husband (passed away 4/21/21) titled "proceeds to Estate of ________"  I talked to my client and evidently she applied for an EIN in the name above. I don't do a lot of work with trusts and estates and I want to call a CPA I know in town to pass this job onto him, but I would just like to have an idea of what needs to be filed.  I would think a form 1041 and marked final since this is the one and only transaction that will be done. Her attorney told her once the return is done they can close the estate.  Any suggestions would be greatly appreciated.  Thanks

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