Post-Mortem Income Tax Planning: What Do You Need to Know and Do When a Client Dies? - American Institute of CPAs
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This session will discuss the following topics: protecting the fiduciary, estate’s
fiscal year election, administration expense election, alternate valuation
election, Section 643(e) election, portability, QTIP election, qualified
domestic trusts, disclaimers, death of a partner, S corporation stock, Section
645 election, Section 6166 deferral of estate tax and generation skipping tax
elections.
Learning Objectives:
Learn the various tax and estate planning elections available to the fiduciary after a client dies.
Learn how to make various post-mortem elections on a tax return or submission to the IRS