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Personal Finance (Not Investing) • Filing taxes in the year a person dies

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When you say "estate tax," is there a trust? If so, the trust should have a separate EIN.

All the money moves into new accounts under the EIN. You will get separate 1099s for your Dad under his SS and for the trust under the EIN.

Why is a lawyer doing the PA state tax? Unless the estate is super complicated, you can just have a CPA do it.
There is no trust. 1099 is for interest for the calendar year. Lawyer is doing the Pennsylvania inheritance tax return. We hired her to help us thru the process. We've used her before. She's reasonably priced and did a good job with other matters for us

Francis

Statistics: Posted by fsrph — Thu Feb 15, 2024 1:50 pm — Replies 4 — Views 304



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