filing 1041

[linda23]

My Mother passed away in Sept. 2007. When must the 1041 be filed?
When we filed for the Estate Account Tax # ID, I received papers fro the IRS
indicating that it must be filed by Dec 2008 .
That makes sense to me, as the Estate year began in Sept 2007 Therefore, 12 months plus 4. An accountant I spoke with says it must be filed April 15 along with the 1040.
The 706, if necessary will be due in June 2008. Everyone agrees on this..
Thanks Linda

[Burke]

You make the election for fiscal or calendar year when you file the 1041. If you want calendar year, the first year is a short year -- Sept 2007 to 12/31/07. Due date 4/15/08.
If you elect a fiscal year, your first year is from date of death to August 31, 2008. Due date of return Dec 15, 2008. IRS letter says 12/08 because of info you put on SS-4. You still can make an election either way.