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Updated about 2 years ago on . Most recent reply

User Stats

93
Posts
39
Votes
Charles H.
  • Rental Property Investor
  • Huntsville, AL
39
Votes |
93
Posts

Tax return following death in family - Assets in revocable trust

Charles H.
  • Rental Property Investor
  • Huntsville, AL
Posted

Hello,

so I am working on the tax return for my mother who passed this year. I understand I will do a 1040 for my mother up until her date of death. The confusion comes with the rental income coming between time of death and transfer to my name.

From what I understand, I need to file a 1041 ?

If true, how do I show the expenses of the rental?

If someone is a pro at this, I am willing to pay for help.

Kindest regards,

Charles

  • Charles H.
  • Loading replies...