gbellny
Level 1
12-06-2019
05:10 PM
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There were no tax filings for 4 years and income was earned each year and final estate distribution will happen this year.
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IRonMaN
Level 15
12-06-2019
05:10 PM
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Distributions don't determine filing status, but receiving income does. Unless the income was real piddly, it sounds like there should have been returns filed over the years.
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gbellny
Level 1
12-06-2019
05:10 PM
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Returns and tax paid? Who should pay it? The estate or the beneficiaries through a K1? For each year...
IRonMaN
Level 15
12-06-2019
05:10 PM
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If income was distributed, the beneficiaries pay. If not, the estate pays.
Slava Ukraini!
Slava Ukraini!
George4Tacks
Level 15
12-06-2019
05:10 PM
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Maybe a stupid question, but why did you ask here? Illinois has all that on their website. https://www2.illinois.gov/rev/questionsandanswers/Pages/73.aspx
Answers are easy. Questions are hard!
gbellny
Level 1
12-06-2019
05:10 PM
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I was more interested in the Federal requirements. Probably didnt need to add Illinois description.
George4Tacks
Level 15
12-06-2019
05:11 PM
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Read the instructions, it is all there. https://www.irs.gov/pub/irs-pdf/i1041.pdf
Answers are easy. Questions are hard!
Answers are easy. Questions are hard!
