Originally Posted by kcoszy
i a person passes away on 1/1 and he is a landlord for apartment next door section 8 and rents are usually dated 1/1 for january and come in mail within a day or two what happens to that check this year that will be dated 1/2 and received soon after. does it go on a january date of death final return or on the fiduciary return for the person.
All income the decedent would have received had death not occurred that was not properly includible on the final tax return is income in respect of a decedent. Income in respect of a decedent must be included in the income of one of the decedent’s estate, if the estate receives it;the beneficiary, if the right to income is passed directly to the beneficiary and the beneficiary receives it; or any person to whom the estate properly distributes the right to receive it.If you have to include income in respect of a decedent in your gross income and an estate tax return was filed for the decedent, you may be able to claim a deduction for the estate tax paid on that income.