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Form 1041

kfosterSigma
Level 1

I have a question regarding 1041's.  Our office is working on a 2021 Estate.  The first fiscal year there was nothing to report so it would have been a zero return.  The attorney decided not to file the return since it wasn't really necessary.  Now we need to file a 1041.  This will also be a zero return but we need to report attorneys' fees, paid.  My question is:  how do I mark the return?  Do I mark it as an initial return, not mark it at all?  Or do I need to prepare that initial return and then this second return?  Either way there won't be any tax because everything goes to the spouse but I just want to make sure I mark the return properly. 

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kfosterSigma
Level 1

Sounds like a plan.  Thanks!

View solution in original post

2 Comments 2
sjrcpa
Level 15

I'd mark it initial.

If IRS or state asks why one wasn't filed last year, and they may, tell them.

The more I know, the more I don't know.
kfosterSigma
Level 1

Sounds like a plan.  Thanks!