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My wife was a remainderman on a life estate of her mother
Hello My wife was a remainderman on a life estate of her mother along with her brother on the deed. It had a reverse mortgage we had to sell house quick. House was valued at $286000 and sold for $2400… read more
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PDTax need assistance. On a 1041 there is a Decedent's
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Can I deduct homeowners insurance on form 1041 decedents
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My husband died last year and he had a parent plus loan in
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1041 estate tax return question Insurance premiums were
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Name is ***** *****. Working on a form 1041 , Seeking
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I am an executor of an estate that consisted of a home and
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I am preparing an initial and final 2013 Form 1041 Trust Return
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My client passed away in Dec 2012. Now his wife has received
My client passed away in Dec 2012. Now his wife has received the following docs in the name of his estate with his SSN 1. Form W2 2. Form 1098 ( for taxes and mortgage insurance, there is no interest … read more
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Hi Lev. I dont know how to report the receipt of an lump sum
Hi Lev. I don't know how to report the receipt of an lump sum payment for an annuity into a descendant's estate, Form 1041. My understanding is that this in a non-taxable transaction.… read more
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While Im waiting for a response from my first question, can
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This is all taking place in Virginia. I am the trustee of my
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I am the personal rep for the small estates of both my late
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I am preparing a 2009 1041 for an estate. The decedent died
I am preparing a 2009 1041 for an estate. The decedent died Feb. 15, 2009. The tax year will end Jan. 31, 2010. There is only one beneficiary. One of the assets of the estate is a single family home t… read more
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This question is regarding an estate account. How do I figure
This question is regarding an estate account. How do I figure capital gains on the sale of the home ($3,500.00) and ($84.00) interest received on savings bonds sold. They were in the estate for approx… read more
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A life insurance company was not timely informed of an individuals
A life insurance company was not timely informed of an individual's death so annuity payments continued past her demise. The final return of the decedent included the (overpaid) amount reported by the… read more
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in preparing an initial 1041, no 706 requirement. I have expenses
in preparing an initial 1041, no 706 requirement. I have expenses such as trustee travel & lodging, trustee was reimbursed by trust for cleaning up house, changing locks, packaging boxes, dump fees, e… read more
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