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Carolina Tax, Trusts & Estates EP Intake Form

Carolina Tax, Trusts & Estates EP Intake Form

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[Music] When   is an estate tax return required so I am an  attorney, I am not a CPA we always recommend   to our clients to work with the CPA. There are  some attorneys who do the tax returns as well,   so if that's the case talk with your attorney CPA.  So when we're talking about an Estate tax return   there's often confusion. What are we talking  about? A 1041 return is that return that an   Estate must file, not because they owe a Estate  tax, but because they owe income tax. So that   is something to keep in mind, that when you're  hearing Estate tax return, what are we talking   about? Are we talking about the annual return  that needs to be filed during the Probate process   because the Estate is being processed and there  is some income that is being earned that causes   the Estate to have to pay an income tax. That is  different than the type of an Estate tax return   that is needed if you need to pay for example th

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