JHUMPHCPA13
Level 2
05-03-2021
03:52 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The decedent died in 2017 but the estate was not probated until January 2021. The only asset is a 401k valued at approximately $100,000 (up from approx. 83k at time of death). There were no distributions and the executor just liquidated the account to distribute to the heirs. Does a return need to be filed and if so should it be a 1041 or a 706?
Best Answer Click here