Chapter B. ESTATE INCOME TAX

• Jurisdiction: Washington

B. ESTATE INCOME TAX

1. General Instructions. The estate is a separate entity for U.S. income tax purposes and the personal representative is responsible for filing a fiduciary income tax return and paying any tax due. The taxable year begins on the date of death. The personal representative can elect the fiscal year for the estate that must end on the last day of a month and cannot be for a period greater than twelve months. The election of a fiscal year end must be made on a timely filed return. The return is due on the 15th day of the fourth month following the end of the tax year.

15.B.2 Procedure Checklist. United States Income Tax Return for Estates and Trusts (IRS Form 1041)

15.B.3 Letters.

(a)	To Bank to Obtain Interest Earned on Account
(b)	To IRS Sending United States Income Tax Return for Estates and Trusts
(c)	To Beneficiaries Transmitting Schedule K-I

15.B.4 Furnished Forms.

(a)	Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns (IRS Form 7004)
(b)	Instructions for Form 7004

15.B.5 Examples.

(a) United States Income Tax Return for Estates and Trusts2005 (IRS

...