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October 14, 2024
Question

Estate Tax Return File Year question

  • October 14, 2024
  • 2 replies
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Person died in November 2023. I was assigned Personal Representative in Feb. 2024 for the estate. According to TurboTax, the estate began on the date of his death. We filed a final individual income tax return for him for 2023 (so all income/expenses for 2023 were included). The bulk of the income & expenses occurred in 2024. I just purchased Turbo Tax Business to complete 1041, but all the forms are for 2023. Did I just waste my money on the wrong tax year forms?

2 replies

Employee
October 14, 2024
No text available
Employee
October 14, 2024
No text available
October 14, 2024

I chose January (which would be January of 2024) and ending October 2024 (short year). The questions TurboTax are asking me regarding income/expenses all state 2023.

Employee
October 14, 2024
No text available