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Does my 86 year old father have to pay income tax on 7000 he
does my 86 year old father have to pay income tax on 7000 he inherited from my mothers life insurance policy when she passed away last may … read more
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My father's assets were in a revocable trust and he was the trustee. He placed his Federal Group Life Insurance policy into the trust. He died last July and the life insurance payout was made in Septe… read more
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i am the trustee and only beneficiary of a revocable trust my father set up. He passed away 12/27/2017. I need a new tax I'd number for the trust. The form asks when the trust was funded. Do I use the date of the original trust, or the date the trust transferred to me- the date of my fathers death? Or can I use a different date? … read more
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I live in Georgia. My grandmother had a Metlife life
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My mom just passed away and I need to file her taxes. She
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My father died in Dec 2014. His living trust with an investment
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My Father passed away on 3/27/14, he and my mother have the
My Father passed away on 3/27/14, he and my mother have the following assets: Home $800K Cash 150K Investments 450K Dad IRA 625K Dad Roth 92K MOM IRA 25K Upon his death, there were two life Insurance … read more
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A taxpayer, who was a PA resident, passes away. Does his pension
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My widowed father passed away in July of 2013. His assets were
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I have a friend that her husband passed away and he had a life
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Hi... Im not sure if this is up your alley or meant more for
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R. Klein, EA
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My father died almost 12 years ago. He had a trust and now
My father died almost 12 years ago. He had a trust and now that General Motors declared bankrupcy, I need to claim the loss on my tax return. My problem is that I don't know which date to put the valu… read more
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Trust Question Mother dies January 21, 2007. Father
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My parents have had a trust set up for many years. All ...
My parents have had a trust set up for many years. All returns prior to 2005 have been filed on Form 1040. From what I see, it should have been filed on Form 1041. Is this a problem? How should I proc… read more
Jon Andrews
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Hi, Last year I filed my parents 1040 (using Turbo
Hi, Last year I filed my parent's 1040 (using Turbo Tax). My father passed away in 2005 and left everything in a revocable trust so everything (all income) is still under his SS #. My mother is still … read more
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