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Level 2
April 7, 2021
Solved

IRS form 56

  • April 7, 2021
  • 6 replies
  • 25 views

should a form 56 be filed for decedent as well as decedent's trust

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Best answer by sjrcpa

I file 3115s when needed. 

I agree professional fiduciaries should file the 56.

6 replies

sjrcpa
Level 15
April 7, 2021

I haven't bothered with Form 56 for years. Seems to be another piece of paper to mail and have it go into oblivion/trailers.

Others may disagree.

The more I know the more I don’t know.
BobKamman
Level 15
April 7, 2021

Much like a Form 3115.  But professional fiduciaries (or tax professionals occasionally serving as fiduciaries) should probably do it, because they should be held to a higher standard.  

sjrcpa
sjrcpaAnswer
Level 15
April 8, 2021

I file 3115s when needed. 

I agree professional fiduciaries should file the 56.

The more I know the more I don’t know.