Tags
Calendar Year Taxpayer, Common Estates, Credits and Deductions, decedent, Due Date, Earned Income, Executor, Filing Requirements, Final Income Tax Returns, Final Returns, IRS, State Taxing Authorities, Tax Professional
In common estates, when to file the final income tax returns of a decedent can cause confusion. The executor or surviving spouse understand that filing final income tax returns is necessary. However, questions arise about the due date concerning the filing of the final returns. This is notably true when the decedent died before filing the prior year returns. Fortunately, the IRS and state taxing authorities establish guidelines that should clear up any confusion on the due date of the final income tax returns.