Daddy

[lynnisshining]

Can an Executor of an estate withhold inheritance to beneficiaries to pay income tax?

 

[Zigner]

Can an Executor of an estate withhold inheritance to beneficiaries to pay income tax?

Here in the US, the tax due from the estate would need to be paid before anything is distributed to the beneficiaries.

 

[tranquility]

On an estate tax return, the estate is responsible for the tax and the executor MUST pay the tax before distribution. I suspect you are thinking of a fiduciary return of estate income. There the executor MAY pay the tax or distribute the income and the tax liability to the beneficiaries. If the later, the decision to pay the tax might be a fiduciary breach--depending on the facts.

At least if you are in the United States.

 

[lynnisshining]

How long does the executor have to file the tax returns on the dissident?

 

[Zigner]

How long does the executor have to file the tax returns on the dissident?

Sorry - this forum is for US law only