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#1
03-06-2006, 02:50 AM
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 Re: Personal Representative Signing tax return after estate closed "bm30003700[at]aol.com" <bm30003700[at]aol.com> wrote: - quote - > I have been told by one source that a personal rep can sign
If this is a joint return, why can't the surviving spouse> a tax return I am preparing on behalf of an estate for year > 2002. The reason he cited was that a personal > representative's responsibilities don't necessarily > terminate once an estate is closed. (Eg; gold mine > discovered under decedent's house after estate closed) > Another source told me that under state law, in Washington > state, personal rep cannot sign tax return on behalf of the > estate once the estate has closed. > I'm inclined to think my first source is correct, as it must > happen occasionally that a filing a tax return is found to > be necessary after an estate is closed. Anybody else run > across this? The return is a joint return, being filed by > the surviving spouse, and, of course, the decedent. > Anybody else run across this situation? sign as such. Why do you need the personal rep to be involved at all? Lanny K. Williams, CPA Nawarat, Williams & Co., Ltd. Income Tax Services for Expatriate Americans << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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03-06-2006, 02:31 AM
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| Re: Personal Representative Signing tax return after estate closed <bm30003700[at]aol.com> wrote: - quote - > I have been told by one source that a personal rep can sign
Are you referring to the 1040 or the 706?> a tax return I am preparing on behalf of an estate for year > 2002. The reason he cited was that a personal > representative's responsibilities don't necessarily > terminate once an estate is closed. (Eg; gold mine > discovered under decedent's house after estate closed) When you say "personal rep", I presume that you mean executor/executrix. Or do you mean a CPA or attorney who has a power of attorney to represent the estate? If executor/executrix, then that person signs the return. Note: if it is a 1040 & claiming a refund, there is another form that needs to be signed & enclosed with the final income tax return. I think its form 1310 (not 100% certain about the form #) About the gold mine... Thats called transferee liability. -- <<< Benjamin Yazersky CPA [NJ & NY] > > ---> real address on hobokenx or hobokeni <--- << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
03-04-2006, 10:29 PM
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| Personal Representative Signing tax return after estate closed I have been told by one source that a personal rep can sign a tax return I am preparing on behalf of an estate for year 2002. The reason he cited was that a personal representative's responsibilities don't necessarily terminate once an estate is closed. (Eg; gold mine discovered under decedent's house after estate closed) Another source told me that under state law, in Washington state, personal rep cannot sign tax return on behalf of the estate once the estate has closed. I'm inclined to think my first source is correct, as it must happen occasionally that a filing a tax return is found to be necessary after an estate is closed. Anybody else run across this? The return is a joint return, being filed by the surviving spouse, and, of course, the decedent. Anybody else run across this situation? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| closed, estate, personal, representative, return, signing, tax |
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