Six Types of Tax Returns During a California Estate Administration

Tax season is a busy time of year for most people, but it can be even busier for the administrator of an estate. The personal representative must pay careful attention to the preparation, completion, and filing of tax returns required of the estate. Each of these types of returns are complex and may have varying filing deadlines. Many personal representatives enlist the help of tax professionals and knowledgeable probate lawyers to ensure these tasks are completed correctly.

What types of taxes does a personal representative or trustee have to be concerned with? Examples include personal income taxes, estate income taxes, trust income taxes, state and federal estate taxes, gift taxes, and generation-skipping taxes. This is a substantial burden on the personal representative. The Trustee should consider carefully whether to bring a tax professional into administration process to ensure that all tax responsibilities are handled properly. The tax preparer may have to handle any of the following:

  1. Final federal income tax return of the deceased
  2. Final state income tax return of the deceased
  3. Estate income tax return
  4. Trust income tax return
  5. Federal estate and gift tax return
  6. State estate and gift tax return, if applicable

Preparing and filing tax returns is just one of the many responsibilities of an administrator or trustee during a California probate, estate administration, or trust administration. Our article, The Duties of the Personal Representative of a California Estate, provides additional information about the tasks involved.

Tax liabilities are a pressing concern during any estate or trust administration. For guidance through the administration process, contact an experienced probate attorney in San Diego today. Call the Grossman Law Firm at (888) 443-6590.

Scott Grossman

Scott Grossman

Attorney

The Grossman Law Firm, APC · 525 B Street, Suite 1500, San Diego, CA 92101 · (951) 523-8307