Originally Posted by kcoszy
if a person dies on 1/1 and has a section 8 tenant next door and usually gets checks dated on the first of the month for that month rent. what happens this year holiday 1/1 and checks dated 1/2 I imagine and meant for january rent does that check go on a final return for date of death 1/1 or does it go on the fiduciary return for that year.
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.