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Can final estate 1041 extend beyond 12 months?

Estate has been filing on calendar year basis. Can the final 1041 include 15 months (Jan 2021 to Mar 2022) or do I file 2021 + short year for 2022?

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IRonMaN
Level 15

You would file 2 -  I guess you could call it a long and a short.


Slava Ukraini!

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5 Comments 5
IRonMaN
Level 15

You would file 2 -  I guess you could call it a long and a short.


Slava Ukraini!
dascpa
Level 11

There was a prior post many years ago on this.  The practitioner reply was if the last two months of the estate were non-income producing and just closing out the checking account then there would be no harm in filing one return.  Obviously wouldn't work if income items or distribution deductions took place.

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jeffmcpa2010
Level 11

 I file 2021 + short year for 2022?

 

yes

Many thanks for everyone's replies!

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IRonMaN
Level 15

You betcha!


Slava Ukraini!
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