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Attorney, Belligerent Beneficiary, Beneficiary, Distribution Checks, Distribution Formula, Distributions, Estate Income Tax Returns, Estate Property, Executor Compensation, List of Beneficiaries, Partial Distribution, Rental Property, Social Security Numbers, Tax Planning, Tax Professional, Tax Strategy, Tax-Deductible Expenses, Tax-Id Numbers, W-9 Form, Will
Soon after receiving the plan to complete the estate income tax returns, I began to execute the plan. As described in the article The Estate Income Tax Returns: The Plan to Complete the Returns, the plan, in part, involved distributing the proceeds of the rental property sale and paying out tax deductible expenses. However, before I could begin to execute the plan, I had to complete the following tasks:
- Mail W-9 forms to beneficiaries refusing to give their social security number through email or by phone.
- Contact the two charities for their tax-id numbers.
- Contact the attorney and the tax professional for invoices.
So, after requesting the information, there was nothing left to do but to wait for the information to arrive.