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Anne
Anne, Master Tax Preparer
Category: Tax
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Experience:  Enrolled Agent with 25 Years Experience specializing Individual and Small Businesses
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If a partner dies, what year does his tax year close?

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If a partner dies, what year does his tax year close?
Hi

Thank you for using justanswer. All US citizens, Resident Aliens and Green card holders are on a calendar year for their tax year. That means that if a person passes away on 1/1/14 or 12/31/14, both of their tax years end 12/31/2014. (Income may have to be pro-rated to date of death) but if this partner was your legal spouse, you would file "Married Filing Joint" for the year of his/her death, and you would still subtract their personal exemption.

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