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Question

my father was on social security, with no additional income. He had 8 dollars in the bank upon his death. Do I need to file a tax return for him?

Submitted: 19 days and 23 hours ago.

Category: Tax

Value: $15

Status: CLOSED

Already Tried:
father died on April 31 of 2009.

Posted by LEV 19 days and 23 hours ago.

Answer

Sorry - for your loss.
Social security income - if that was only your father's income is not taxable.
You do not have to file a tax return for him.

Because his estate is only $8 - there is no requirements to file an estate tax return either.

However even you do not have to file - you might want to file a final return for your father - but you are not required.

19 days and 23 hours ago.

Reply

Thank you, I appreciate your quick response. There was a trust set up and through it I sold his house to pay off his debt. There was some money left over. Not alot mind you, but some. Do I include this in the tax return I do for him?

Accepted Answer

For trust - you need to file a trust income tax return - form 1041 - http://www.irs.gov/pub/irs-pdf/f1041.pdf
Filing requirements are based on
Gross income for the tax year of $600 or more - see instructions page 4 - http://www.irs.ustreas.gov/pub/irs-pdf/i1041.pdf
If the trust sold the house - I assume that gross income is more than $600 - so you need to file tax return even there is no any taxable income and you do not owe any tax.

Let me know if you need any help.

Accepts:
Expert:	LEV
Pos. Feedback:	99.3 %
Answered:	11/2/2009

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Question

my father was on social security, with no additional income. He had 8 dollars in the bank upon his death. Do I need to file a tax return for him?

Optional Information

Already Tried:
father died on April 31 of 2009.

Answer

Reply

Thank you, I appreciate your quick response. There was a trust set up and through it I sold his house to pay off his debt. There was some money left over. Not alot mind you, but some. Do I include this in the tax return I do for him?

Accepted Answer

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Question

my father was on social security, with no additional income. He had 8 dollars in the bank upon his death. Do I need to file a tax return for him?

Optional Information

Already Tried: father died on April 31 of 2009.

Answer

Reply

Thank you, I appreciate your quick response. There was a trust set up and through it I sold his house to pay off his debt. There was some money left over. Not alot mind you, but some. Do I include this in the tax return I do for him?

Accepted Answer

Related Tax Questions

Already Tried:
father died on April 31 of 2009.