Decedent Estate and Final 1040 (Completed)
Date: Monday, October 20, 2025
Instructor: A.J. Reynolds
| Begin Time: |
12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time |
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Join us for this essential class on critical issues affecting the decedent. What is the significance of “Step Up” Basis on decedent’s assets? What forms are required and or recommended to be filed? What happens with the decedents Capital and Net Operating Losses? Who or What is a Personal Representative? Who can sign the decedent return if no estate is open? Significance of IRC Section 454 regarding Savings Bonds will be discussed in addition we will define terms associated with the decedent, review filing dates, and separating income and expenses between the decedent and estate.
Bonus Material: Review issues surrounding delay or frozen refunds for deceased individuals, obtaining a POA for a decedent, and issues surrounding decedent’s Digital Assets.
Who Should Attend
All Tax Professionals who have had a client pass away understand the final 1040 and introduction in the decedent Estate and Form 1041
Topics Covered
- Terms and Check Lists
- Personal Representative and Signing Returns
- Where Does the Income and Expenses go
- Protecting Deceased Identity
- Forms, Filing Dates & Requirements
Learning Objectives
- Define Important Terms and Checklists
- Review Forms, Filing Dates, and Requirements
- Classify Income and Expenses
- Explore Capital Losses and NOL’s
- Examine Personal Representative Duties
- Appraise Basis of Estate Property
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
