Video instructions and help with filling out and completing Will 1041 Schedule Instructions

Instructions and Help about Will 1041 Schedule Instructions

Music the personal representative of an estate as an executor administrator or anyone else in charge of the decedent's property the personal representative is responsible for filing any final individual income tax return and the estate tax return of the decedent when due for more information on personal representative responsibilities refer to publication 559 survivors executives and administrators the filing requirements that apply to individuals will determine if the personal representative must prepare a final individual income tax return for the decedent refer to publication 17 your federal income tax for individuals and how do I file a deceased person's tax return interview on IRS website for more information the method of accounting used by the decedent at the time of death determines the income to include on the deductions to take on the final return most individuals use the cash receipts and disbursements method under this method the final individual returns should show only the items of income the decedent actually received that were credited to his or her account or that were made available to him or her without restriction before death generally the final individual return can claim deductions for expenses the decedent paid before death if the decedent used an accrual method refer to publication 559 and publication 538 accounting periods and methods for more information when filing electronically follow the specific directions provided by the software for proper signature and notation requirements otherwise write the word deceased the decedent's name and the date of death across the top of the final individual tax return if filing a joint return write the name and address of the decedent and the surviving spouse in the name and address fields if not filing a joint return write the decedent's name in the name field and the personal representatives name and address in the address field if a refund is due to the decedent it may be necessary to file Form 1310 statement of person claiming refund due a deceased taxpayer with the return if you're a surviving spouse filing a joint return or a court-appointed or court certified personal representative filing an original return for the decedent you don't have to file Form 1310 court-appointed or court certified personal representatives must attach to the return a copy of the court document showing the appointment if there's an appointed personal representative he or she must sign the return if it's a joint return the surviving spouse must also sign it if you're a surviving spouse filing a joint return and there's no appointed personal representative you should sign the return and write in a signature area filing as surviving spouse a surviving spouse can file joint returns for the taxable year in which the death occurred and if the death occurred before filing the return for the taxable year immediately before the year of death if there's no appointed personal representative and there's no surviving spouse the person in charge of the decedent's property must file and sign the return as personal representative refer to the form 1041 instructions to determine if the law requires filing a form 1041 u.s. income tax return for estates and trusts refer to the form 706 instructions to determine if the decedent's estate must file Form 706 United States estate and generation-skipping transfer tax return Music Music Music