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Old 05-19-2008, 09:09 AM
Herb Smith
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Default Re: Schedule K-1 Question

On May 17, 12:22�pm, verivin <veri...[at]yahoo.com> wrote:
- quote -

> I just received a schedule K-1 from an estate that used a "one-year
> from date of death" fiscal year (ending April 30, 2008). �Since I do
> my personal taxes by calendar year, and even though the K-1 has 2007
> on it, I would use it to complete my 2008 taxes (that I file in
> 2009)...is that correct?


That is correct, as the estate fiscal year ended after December 31,
2007.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
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Old 05-17-2008, 07:22 PM
verivin
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Posts: n/a
Default Schedule K-1 Question

I just received a schedule K-1 from an estate that used a "one-year
from date of death" fiscal year (ending April 30, 2008). Since I do
my personal taxes by calendar year, and even though the K-1 has 2007
on it, I would use it to complete my 2008 taxes (that I file in
2009)...is that correct?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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