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Tax forms to close out an estate

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wmcot

Junior Member
What is the name of your state? Colorado

I was the personal representative for my late brother's estate. His estate was settled earlier in 2006. There was no profit made by the estate and no income. What forms do I have to file with the IRS to finalize their records on his estate?
 


LdiJ

Senior Member
What is the name of your state? Colorado

I was the personal representative for my late brother's estate. His estate was settled earlier in 2006. There was no profit made by the estate and no income. What forms do I have to file with the IRS to finalize their records on his estate?
Go get yourself a consult with a local tax professional. Much will depend on the size of the estate and the nature of the assets either sold or distributed. However if money remained in the bank long enough to draw any interest, the estate may have had income. You may also need to file a final individual return for your brother.
 

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