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When Your Client Dies: Final Form 1040, Post-Death Elections, and More

by: Siegel, Steven G. Western CPE

When your client dies, what advice can you provide for the family? There are special tax rules, return requirements, issues, and options when advising clients after a family member has died. Often, the decedent handled financial and tax matters, and the survivors have little idea what was done and little experience to move ahead. This course will begin by describing the issues to consider when filing the decedent's final Form 1040 income tax return. It will then go on to address a wide variety of issues and planning suggestions that arise in connection with fiduciary income issues and tax returns and, if required, the federal estate tax return. The course will also prepare you to guide clients through a range of essential post-death elections and decisions
 

 
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