Publication 559 (2005), Survivors, Executors, and Administrators

A

Accelerated death benefits, Accelerated Death Benefits, Accelerated death benefits.

Archer MSA, HSA or Archer MSA, HSA or Archer MSA.

Astronauts

Tax forgiveness, Astronauts

B

Basis:

Inherited property, Basis of Inherited Property
Joint interest property, Joint interest.
Qualified joint interest, Qualified joint interest.

Beneficiary:

Basis of property, Basis of Inherited Property
Character of distributions, Character of Distributions
Excess deductions, Excess deductions.
Income received, Other Items of Income
Liability, estate's income tax, Liability of the beneficiary.
Nonresident alien, Nonresident alien beneficiary.
Reporting distributions, How and When To Report
Successor, Successor beneficiary.
Treatment of distributions, Distributions to Beneficiaries From an Estate
Unused loss carryovers, Unused loss carryovers.

Bequest:

Defined, Bequest
Property received, Gifts, Insurance, and Inheritances

C

Claim, credit or refund, Claim for Credit or Refund

Combat zone, Combat Zone

Comments, Comments and suggestions.

Coverdell education savings account (ESA), Coverdell Education Savings Account (ESA), Coverdell education savings account (ESA).

Credit:

Child tax, Child tax credit.
Earned income, Earned income credit.
Elderly or disabled, Credit for the elderly or the disabled.
Final return for decedent, Credits
General business, General business tax credit.

D

Death benefits:

Accelerated, Accelerated Death Benefits, Accelerated death benefits.
Public safety officers, Death benefits.

Decedent:

Final return, Final Return for Decedent
Income in respect of, Income in Respect of a Decedent

Deductions:

Estate tax, Estate Tax Deduction
In respect of decedent, Deductions in Respect of a Decedent
Medical expenses, Medical Expenses
Standard, Standard Deduction

Distributable net income, Distributable net income.

Distributions:

Character, Character of amounts distributed.
Deduction, Distributions Deduction
Limit on deduction, Limit on deduction for distributions.
Not treated as bequests, Distributions not treated as bequests.
Property, in kind, Property distributed in kind.

E

Education savings account, Coverdell, Coverdell Education Savings Account (ESA), Coverdell education savings account (ESA).

Estate tax deduction, Estate Tax Deduction

Estate:

Income tax return, Income Tax Return of an Estate— Form 1041
Insolvent, Insolvent estate.
Nonresident alien, Estate of a nonresident alien.
Period of administration, Period of Administration
Tax deduction, Estate Tax Deduction
Termination, Termination of Estate
Transfer of unused deductions, Transfer of Unused Deductions to Beneficiaries

Estimated tax, Estimated tax., Transfer of Credit for Estimated Tax Payments

Example:

Comprehensive, Comprehensive Example
Decedent's final return, Final Return for Decedent
Estate's tax return, Income Tax Return of an Estate—Form 1041

Exemption:

Estate's tax return, Exemption Deduction
Final return for decedent, Exemptions

Expenses:

Accrued, Accrued expenses.
Administration, Administration Expenses
Deductions in respect of decedent, Deductions in Respect of a Decedent
Funeral, Funeral and Medical Expenses
Medical, Medical Expenses, Medical and dental expenses of a decedent.

Extension to file Form 1041, Extension of time to file.

F

Fiduciary relationship, Notice of fiduciary relationship.

Filing requirements:

Decedent's final return, Filing Requirements
Estate's tax return, Filing Requirements

Final return for decedent:

Credits, Credits
Exemption and deductions, Exemptions and Deductions
Filing requirements, Filing Requirements
Income to include, Income To Include
Joint return, Joint Return
Name, address, and signature, Name, Address, and Signature
Other taxes, Other Taxes
Payments, Payments of Tax
When and where to file, When and Where To File
Who must file, Final Return for Decedent

Form:

1040NR, Nonresident Alien, Filing Requirements
1041, Income Tax Return of an Estate— Form 1041
1042, Nonresident alien beneficiary.
1310, Form 1310.
4810, Form 4810.
56, Notice of fiduciary relationship.
6251, Form 6251.
706, Form 706
SS-4, Identification number.

Funeral expenses, Funeral expenses.

G

Gift, property, Gifts, Insurance, and Inheritances

I

Identification number, application, Identification number.

Income in respect of decedent, Income in Respect of a Decedent, Inherited IRAs.

Income tax return of an estate:

Credits, tax, and payments, Credits, Tax, and Payments
Exemption and deductions, Exemption and Deductions
Filing requirements, Filing Requirements
Income to include, Income To Include
Name, address, and signature, Name, Address, and Signature
When and where to file, When and Where To File

Income:

Community, Community Income
Distributable net income, Distributable net income.
Distributed currently, Income That Must Be Distributed Currently
Interest and dividend, Interest and Dividend Income (Forms 1099)
Partnership, final return, Partnership Income
S corporation, S Corporation Income
Self-employment, Self-Employment Income

Inherited IRAs, Inherited IRAs.

Inherited property, Gifts, Insurance, and Inheritances

Installment obligations, Installment obligations., Installment obligations.

Insurance, Insurance

J

Joint return:

Revoked by personal representative, Personal representative may revoke joint return election.
Who can file, Joint Return

L

Losses:

Deduction on final return, Deduction for Losses
Estate's tax return, Losses

M

Military or terrorist actions:

Claim for credit or refund, Claim for Credit or Refund
Defined, Military or terrorist action defined.
Tax forgiveness, Tax Forgiveness for Armed Forces Members, Victims of Terrorism, and Astronauts

N

Notice of fiduciary relationship:

Form 56, Notice of fiduciary relationship.
Termination, Termination notice.

P

Partnership income, Partnership Income, Partnership income.

Penalty:

Information returns, Penalty.
Substantial valuation misstatement, Substantial valuation misstatement.

Personal representative:

Defined, Personal Representative
Duties, Duties
Fees received, Fees Received by Personal Representatives
Penalty, Penalty., Penalty.
Two or more, Two or More Personal Representatives

Prompt assessment, request, Request for prompt assessment (charge) of tax.

Public safety officers, death benefits, Death benefits.

R

Refund:

File for decedent, Refund
Military or terrorist action deaths, Claim for Credit or Refund

Release from liability, Request for discharge from personal liability for tax.

Return:

Decedent's final, Final Return for Decedent
Estate's income tax, Income Tax Return of an Estate— Form 1041
Information, Information Returns

Roth IRA, Roth IRAs.

S

Separate shares rule, Separate shares rule.

Suggestions, Comments and suggestions.

Survivors:

Income, Other Items of Income
Tax benefits, Tax Benefits for Survivors

T

Tax:

Alternative minimum

Estate, Alternative minimum tax (AMT).
Individuals, Alternative minimum tax (AMT).

Benefits, survivors, Tax Benefits for Survivors

Estimated, estate, Estimated tax., Transfer of Credit for Estimated Tax Payments

Payments, final return, Payments of Tax

Refund of income (claim), Form 1310.

Self-employment, Self-employment tax.

Transfer of credit, Transfer of Credit for Estimated Tax Payments

Terrorist action, tax relief, Tax Forgiveness for Armed Forces Members, Victims of Terrorism, and Astronauts

Terrorist victim, Specified Terrorist Victim

V

Valuation method:

Inherited property, Basis of Inherited Property
Special-use, Special-use valuation.

Victims of terrorist attacks, Specified Terrorist Victim

W

Widows and widowers, tax benefits, Qualifying widows and widowers.

Index

A

B

C

D

E

F

G

I

J

L

M

N

P

R

S

T

V

W