Only shareholder of S corporation died. Wife has not been appointed personal representative yet. S corporation is ready to be filed but no one to sign. Do we have to wait until widow is appointed? Are there other options?
2006-10-02 10:27:50 · 3 answers · asked by Diane S 1 in Business & Finance ➔ Taxes ➔ United States
Don't waste your time asking a lawyer because he isn't going to know. The executor of the estate would be the person to sign the return. If there is no executor my thought is that the person who will inherit the stock should sign (which I'm assuming would be the wife). If you want to be 100% positive, I would call the IRS Live Business Assistance line at 1-800-829-4933.
2006-10-03 04:09:26 · answer #1 · answered by Jeff C 2 · 0⤊ 2⤋
Jeff C is correct. Executor of estate should sign or beneficiary of the stock.
2006-10-04 07:21:22 · answer #2 · answered by jlbouman 1 · 0⤊ 1⤋
This is definitely a question to ask an attorney. Don't take the word of anyone you haven't met face to face.
2006-10-02 12:37:32 · answer #3 · answered by STEVEN F 7 · 0⤊ 1⤋