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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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Estate Income - CA
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s_applegate
Level 1
02-16-2021
05:08 PM
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From what I have read a federal estate return doesn't need to be filed for $240,000 but a California on does? However, how is then best to record the beneficiaries revenue and expenses from the estate?
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George4Tacks
Level 15
02-16-2021
05:36 PM
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Greetings New User - ,
You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support of the not so professional .
Have a wonderful day!
P.S. You may be confusing an Estate tax return with a Fiduciary tax return.
Answers are easy. Questions are hard!
