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  • Personal Taxes
    • 1040 Income Tax Return
    • Schedule A
    • Schedule D
  • Business Taxes
    • Crypto Taxes
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    • 1065 Partnership Return
    • 1120 S Corporation Return
    • 990 Non Profit Tax Return
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    • Death Tax Return Process
    • 1041 Bankruptcy Taxes
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    • Home
    • About Us
    • Personal Taxes
      • 1040 Income Tax Return
      • Schedule A
      • Schedule D
    • Business Taxes
      • Crypto Taxes
      • Limited Liability Company
      • 1065 Partnership Return
      • 1120 S Corporation Return
      • 990 Non Profit Tax Return
      • Real Estate Investment
    • Specialty Taxes
      • Death Tax Return Process
      • 1041 Bankruptcy Taxes
    • Pricing

Signed in as:

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  • Home
  • About Us
  • Personal Taxes
    • 1040 Income Tax Return
    • Schedule A
    • Schedule D
  • Business Taxes
    • Crypto Taxes
    • Limited Liability Company
    • 1065 Partnership Return
    • 1120 S Corporation Return
    • 990 Non Profit Tax Return
    • Real Estate Investment
  • Specialty Taxes
    • Death Tax Return Process
    • 1041 Bankruptcy Taxes
  • Pricing

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The Final Income Tax Return

As the saying goes nothing is certain, but death and taxes.  Well we don't do death, but we do-do taxes.   The final 1040 tax return for an individual consist of all the income a person receive before they pass away.  Any income that comes in after this period is recorded on the 1041 Fiduciary Estate Tax Return

Tax Situations Pertaining to the Death of a taxpayer

My spouse passed away what do I do?

When a spouse passes away as the surviving if you had filed married filing joint in the pass you will continue to file married filing joint for the year your spouse passed. You will write across the top of the tax return tax payer deceased and the date of death.  To sign the tax return the spouse will write Jane Doe, survining spouse signing for John Doe.


One year after your spouses death you filing status will now be single.  Now, if you have children.  Your new filing status will be Qualifying Spouse. This filing status carries a higher deduction than head of household and can be claimed for 2 years after the death of the spouse unless the surviving spouse remarries.

Death of a relative

The death of a relative is a little bit more complicated than the death of a spouse.  When it comes to filing taxes.  The person who is chosen to handle the income taxes for the deceased may need to go to probate court and seek and appointment to become the personal representative for the estate of John Doe.


The personal representative will then take copies of the death certificate and send them to the social security administrative, who will inform the internal revenue service that this person is now deceased.  The personal representative will send a copy of the letter of appointment from the court, the death certificate and Form 56 Notice Concerning Fiduciary Relationship to the Internal Revenue Service.  


When the final tax returned is filed, the personal representative will sign Jane Doe, Personal Representative signing on behalf of Maurice Jones,Deceased.


If the deceased has a refund the personal representative will also file Form 1310 Refund Due to Deceased Taxpayer.


1041 Fiduciary Estate Tax Return

What is the purpose of the 1041 Fiduciary Return?

The personal representative, executor or administrator are legal terms for the same role.  This person has been charged by the court to act on behalf the deceased estate to legally distribute the assets of the estate. 


Most estates consist of the selling assets the largest asset for most people is their home. The deceased may have jewelry, cars, ira accounts, money in the bank and life insurance.  The personal representative is responsible for recording the personal property on an inventory.   The fiduciary return deals with money that the estate has earned after the deceased death.  For example the proceeds from the sale of a home, paychecks the decease receive after his date of death.  For example the tax payer dies on June 1st however, he receives a paycheck on June 5.  The pay check he received on June 5 will be included in the 1041 Fiduciary Tax Return


Tax Information Knowledge Center Brochures

Death of A Taxpayer (pdf)

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Estate Tax Planning (pdf)

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Estate Tax Form 706 (pdf)

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