Preparing the Decedent Final 1040 Return - Key Elections and Compliance Issues Webinar

Correctly prepare a decedent's final Form 1040 return
Know and be able to apply the post-mortem elections that should be considered for a decedent client

Highlights

What should be filed and reported
Who must file the return
Income, losses and deductions to be reported
Estimated taxes, liabilities and refunds
Income in Respect of a Decedent (IRD) considerations
Tax filing and reporting obligations
Who must file the final income tax return on behalf of the decedent
What income, deductions, credits and losses may be taken on the decedent’s final income tax return
Determining what income goes on decedent's Form 1040 and what income goes on Form 1041
Treatment of income and deductions in respect of a decedent