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Estate for a decedent was closed and a Form 1041 filed with the "final return" box checked. Two years later, a US government retirement agency unexpectedly sent...
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So sorry to have disturbed you. Unfounded opinions on here unfortunately often do more harm than good.
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Thank you for your input. Makes sense. Is there any citation to give another attorney who is seeking what authority there is for this conclusion?
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Final year Form 1041 filed for an estate, Then five years later there is unexpected taxable income to the estate from a legal settlement.Does the estate simply ...
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Specific bequest business assets had to be sold at a loss to pay estate administrative expenses. There were no residuary assets. Do the losses go on the final K...