2007-02-03 07:01:10 · 5 answers · asked by Deborah P 2 in Business & Finance ➔ Taxes ➔ United States
The executor of their estate is responsible for filing the final returns. If your husband is the executor, it's up to him.
A power of attorney from the decedent expires with the decedent and is null and void. However a P of A granted by the executor of the estate is valid and can be used to file the final returns.
Any taxes due are paid from the estate's assets, they are not the personal responsibility of the executor. The executor IS responsible for filing a proper return and can be held personally liable if a fraudulent return is filed.
2007-02-03 07:18:12 · answer #1 · answered by Bostonian In MO 7 · 3⤊ 0⤋
The executor of the Estate is responsible to file for taxes.
2007-02-03 15:10:05 · answer #2 · answered by KillerKat 3 · 1⤊ 0⤋
Cat is right. However in our state (check local rules) the Power of Attorney is negated on death. The Executor of the will has to file the returns.
2007-02-03 15:05:35 · answer #3 · answered by Hawkeye 4 · 1⤊ 0⤋
The executor of their wills should be able to file the final return for them. Or if somene had power of attorney - they could.
2007-02-03 15:03:59 · answer #4 · answered by Anonymous · 1⤊ 2⤋
yes you could if you have the power of attorney . As the child of the deceaced you could file them . Best to get with your taxadvisor
2007-02-03 15:05:02 · answer #5 · answered by silverearth1 7 · 0⤊ 3⤋