eawholovestax
Level 2
02-24-2020
01:47 PM
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A final return is due when all income has stopped. In 2020 there will not be any income . A tax refund is not income. Final distributions less a hold back for the three year statute of limitations will be in a non interest bearing account. Depending on what state law applies, in my state, the estate can be final for tax reasons and not completely liquidated.