Instead of a discharge certificate, the IRS will then issue a Letter 1352 evidencing no estate tax return filing requirement. The Form 4422 indicates that the estate is non-taxable, based on the estimated gross estate and estimated deductions. However, if the collection officer has a question ...
If you’re filing a Form 1041,U.S. Income Tax Return for Estates and Trusts, be certain that you have a copy of the fully executed trust in your file.You must ascertain whether the trust is revocable or irrevocable, a grantor trust and to whom, whether annual demand orCrummeypowers are...
this requirement presumes that the estate would have enough liquid assets to pay the estate tax if the special-use valued property is a lower percentage of the estateTo ensure that the property is used for at least 10 years afterwards in its current use, the IRS registers a federal estate ...