Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 03-11-2018, 12:46 PM
Junior Member
 
Join Date: Mar 2018
Posts: 1
Do I need to file a 'Final' 1091 Estate?

Hi Everyone,
Here's the situation:
My Uncle passed away July 2016. I'm the executor and have filed the 2016 1041 'Initial' return with no pass thru to beneficiaries (all taxes paid from estate in 2017). The remaining income generated was only $148 interest. According to IRS instructions, I would technically not need to file a 1041, as this income is well below the $600 minimum.
My concern is with the 'Initial' vs 'Final' options. Should I file, even thought the tax liability is $0, just to have filed a Final return? If I should/need to file, Do I need to include a 8960? Are there any other forms I need to include?

Thanks,
Rob



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Final estate 1041 with Cap Loss ccLee Trusts and Gift Tax Returns 3 03-18-2018 12:15 AM
Final filing for Trust Golfnut Trusts and Gift Tax Returns 2 12-18-2017 03:51 PM
Using a Real Estate Lawyer to File a Tax Appeal ditryin Homeowner Tax 1 06-03-2011 03:00 AM
Does withholding of the real estate tax relieve taxpayers from the requirement to file an Oregon return? TaxGuru Oregon 0 11-04-2010 12:13 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.