@ron6612wrote:In doing some research have come across the statute of limitations which is 3 years. Can I just file a final and amended 1041 for 2025 even though...
@rjswrote:If the check from the joint account exceeds the annual gift tax exclusion for one person, Form 709 is required.If the gift from the joint account exce...
No, it would not be necessary to send a K-1 with zeroes in all of the boxes or just blank. You could and should inform your beneficiaries that their distributio...
The basis of property inherited from a decedent is generally one of the following.The FMV of the property at the date of the individual's death.The FMV on the a...