mollyanna58
Junior Associate
Joined: Jan 5, 2011 13:20:45 GMT -5
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Post by mollyanna58 on Mar 14, 2017 15:29:47 GMT -5
My parents always filed their taxes jointly. My father passed away in 2016. Do we still file a joint return for that year, noting that he is deceased?
Thanks in advance.
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TheOtherMe
Distinguished Associate
Joined: Dec 24, 2010 14:40:52 GMT -5
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Post by TheOtherMe on Mar 14, 2017 15:47:13 GMT -5
Yes, they can file jointly in 2016.
Write the word "Deceased", the decedent's name, and the date of death across the top of the tax return. If the return is being filed electronically, identify the taxpayer as deceased and the date of death in the tax software.
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dee27
Senior Member
Joined: Sept 28, 2016 21:08:12 GMT -5
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Post by dee27 on Mar 14, 2017 16:02:46 GMT -5
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rangerj
Junior Member
Joined: Jan 21, 2011 13:39:35 GMT -5
Posts: 242
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Post by rangerj on Mar 14, 2017 17:08:13 GMT -5
You should at least see a CPA or Enrolled Agent with estate tax and/or estate trust experience. Income up to the date of death goes on the joint tax return. Income as of the date of death may have to be put on an estate trust return. Depending upon how things (assets) are titled and the amount of values there may an estate tax return due. Assets transfer at fair market value and this results in a "step-up" in basis even if no estate tax is due or paid. Seek professional help.
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