travelplanner70
TUG Member
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- Jun 14, 2005
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A family member passed away in 2014. Income tax forms for "the estate of..."were filed for 2014. The only asset of the estate that still had to be settled in 2015 was the sale of a home (valued at less than $150k). All necessary estate forms were filed in 2015. Does an Income Tax form need to be filed for 2015? A form from the house buyer's attorney was just sent to the estate which states how much 2015 property tax on the house was paid by his client at the time of closing which would need to be known by the estate only if the estate were filing Income Tax returns and taking real estate taxes as a deduction - at least that is how I figure it.
Can someone clear up whether Tax returns need to be filed in this case? In case it is important, the state in which this happened is New Jersey.
Thank you so much.
Can someone clear up whether Tax returns need to be filed in this case? In case it is important, the state in which this happened is New Jersey.
Thank you so much.