Does a conservatorship get reported on a 1041?

[George4Tacks · Accepted solution]

I believe a conservator simply oversees the care of an individual. Check with the court documents to see if they have authority to sign tax returns. I believe a standard 1040 is prepared and signed by the conservator. 

Hopefully someone with a more definitive belief will correct me if I am wrong. 

[George4Tacks]

@itonewbie @abctax55 @PhoebeRoberts @sjrcpa might be able to help on this one

[PhoebeRoberts]

I agree with you, George. Long ago I had a client with a conservatorship, and the conservator just signed the taxpayer's normal 1040.

[itonewbie]

Having dealt with any but I would trust what Phoebe says 110%.

[sjrcpa]

I agree with George and Phoebe.

[abctax55]

Thanks for tagging me, George.  

Obviously, no one has really noticed - but I've decided (almost two weeks ago) to not really participate here any longer.  Apparently, my absence hasn't had much of an impact at all

[George4Tacks]

but you have been missed! :kissing_heart:

[IRonMaN]

It's been noticed that we have been missing a dog rescuer.  But when we sent out a rescue squad to look for the rescuer, the rescue team got lost and is in need of rescuing.

[itonewbie]

Agree.  You've been missed.  Thought you're just taking a break. :cry:

[PhoebeRoberts]

Hey, that ocean won't empty itself by the teaspoonful all on its own!

[sjrcpa]

I noticed and missed you. I, too, thought you must be really busy.