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My dad passed Jan 27 2015 and did not file taxes on his retirement or ss for 2014 or 2015 can I file on it since I'm POA?

I'm also sole beneficiary..And he had income from both places the month that he passed for 2015 as well. So 2014 retirement and ss not filed on yet and one month in 2015. Everything I'm reading sounds like I can file and receive the return. Please help! :)

Jan 15, 2016 by Jennifer in  |  Flag
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IRD Income in respect to a decedent is what you are describing. Taxes are due on this income. Often when a decedent has a retirement plan the taxes in some cases can be greater than the estate tax (if any). File the individual Form 1040, assuming he is not a business owner and has a business entity tax return required. Sign as the tax preparer and give the IRS your contact info. The process is straightforward. Good luck on finalizing your dad's estate.

Comment   |  Flag   |  Jan 18, 2016 from San Antonio, TX

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Jennifer,

The safest thing to do is follow the instructions from the IRS. Use this link to help:

https://www.irs.gov/uac/How-Do-I-File-a-Deceased-Person's-Tax-Return%3F

Comment   |  Flag   |  Jan 21, 2016 from Alpharetta, GA

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