Terminal Tax Return
  • filed by a legal representative of the deceased (usually the executor)
  • includes all accrued income
  • income accumulated during the year of death until the date of death from wages, pensions, interest
  • due by the later of
    • April 30 (June 15 if self-employed) and
    • six months after death

Exclusions from The Terminal Tax Return

  • gains from sale of principal residence
  • property transferred to surviving spouse
  • transfer of an operating farm to a child

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