QUESTION
Do I have to file taxes for my deceased father who left no will, no assets and was so broke that a friend paid for his funeral?
Asked on Mar 10th, 2013 on Taxation - Colorado
4 ANSWERS
Your accountant is right.
Answered on Mar 11th, 2013 at 3:55 PM
If your father had no income in the year he died, then you do not need to file a tax return for him for that year.
Answered on Mar 11th, 2013 at 3:55 PM
If your father had income that required a tax return to be filed in previous years and had similar income the year that he died then you should prepare a final income tax return for him. If in prvious years and in the year that he died, if he did not have income that rose to the level of filing a tax return, then it would not be necessary to file a final return.
Answered on Mar 11th, 2013 at 3:55 PM
Estate Planning Attorney serving Wilmington, DE
at
Reger Rizzo & Darnall, LLP
Update Your Profile
If he had no income there is nothing to report.
Answered on Mar 11th, 2013 at 3:55 PM