Did you like how we did? Rate your experience!

Rated 4.5 out of 5 stars by our customers 561

Award-winning PDF software

review-platform review-platform review-platform review-platform review-platform

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

Instructions and Help about Will 1041 Schedule Instructions

Divide this text into sentences and correct mistakes: 1. Music the personal representative of an estate as an executor administrator or anyone else in charge of the decedent's property. 2. The personal representative is responsible for filing any final individual income tax return and the estate tax return of the decedent when due. 3. For more information on personal representative responsibilities, refer to publication 559 survivors, executives, and administrators. 4. The filing requirements that apply to individuals will determine if the personal representative must prepare a final individual income tax return for the decedent. 5. Refer to publication 17, your federal income tax for individuals, and "How Do I File a Deceased Person's Tax Return" interview on the IRS website for more information. 6. 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. 7. Most individuals use the cash receipts and disbursements method. 8. 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. 9. Generally, the final individual return can claim deductions for expenses the decedent paid before death if the decedent used an accrual method. 10. Refer to publication 559 and publication 538, accounting periods and methods, for more information. 11. When filing electronically, follow the specific directions provided by the software for proper signature and notation requirements. 12. Otherwise, write the word "deceased," the decedent's name, and the date of death across the top of the final individual tax return. 13. If filing a joint return, write the name and address of the decedent and the surviving spouse in the name and address fields. 14. If not filing a joint return, write the decedent's...