Estate Tax Returns - Not as Scary as You Think

When an individual passes away, tax issues are one of the many things that must be considered. For most individuals who pass away, a final income tax return must be filed with the Internal Revenue Service (IRS) and state (if the particular state also taxes income) to settle any income tax liability that may exist. Attorney Longtin tells you how and when!

[@katherinenorland]

if we don't have to file estate taxes for a deceased person because their estate is less than 11 million, but need to file personal income taxes, do we need to fill out form 2848 if we are the executor in order to get the transcripts from the IRS to file the taxes?

[@kellylongtinlaw9640]

You should always check with a tax professional to ensure you are completing the required forms.

[@12012channel]

When someone dies is it possible to have neither an estate or trust?What happens if you don't file a tax return for a deceased person if you are not part of a trust or estate? Also,The tax return asked for a 1095A and I have no idea if that applied to her. My sister said not to do the tax return because if they look it up all the money will go to her husband because they never officially divorced. Is this right? Will we get into trouble for not doing it if we are not in the trust or estate but are blood relatives?

[@kellylongtinlaw9640]

It is very difficult to get all the information about a situation like yours through a couple lines of text. You should consult with an attorney in your state to review all the particulars and get sound legal advice.