The next virtual mind reading is going to be scheduled for............................ never mind ----------------- for anybody that has been attending for this long, they should just know when the next class is.
and ex marks the spot where those rocks and anvils hit me.
Treasury Regulations § 1.443-1
(a) Returns for short period. A return for a short period, that is, for a taxable year consisting of a period of less than 12 months, shall be made under any of the following circumstances: . . .
(2) Taxpayer not in existence for entire taxable year. If a taxpayer is not in existence for the entire taxable year, a return is required for the short period during which the taxpayer was in existence.. . .Although the return of a decedent is a return for the short period beginning with the first day of his last taxable year and ending with the date of his death, the filing of a return and the payment of tax for a decedent may be made as though the decedent had lived throughout his last taxable year.
IRS used to accept returns filed before the end of the year for a decedent's final return. I think they still do, but it confuses them. You have to use the previous year's forms. If someone dies in March and the survivors don't want to wait a year to settle the estate, it's an option, especially if there is no tax owed or a small balance due.