Tax Law (Questions About Taxes)/Estate filing


When my parents passed away they had a 12,300 IRA in an account. I received a 1099-R from the bank to the estate of my folks. How do I file federal taxes on an estate.


Thanks for your question.

You would file a Form 1041, Income Tax Return for Estates and Trusts.  Since the estate received a 1099 I presume you already have a federal ID number for the estate, so you would not need to apply for one.

Generally, you can have the estate pay the tax, or pass the tax on to the beneficiaries.  Since estate rates are higher, it is usually beneficial to pass the tax on.

Hope this helps.

John Stancil, CPA

Tax Law (Questions About Taxes)

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John Stancil, CPA


I can answer questions on personal income taxes, partnerships, and some corporate income taxes. I can deal with some state tax questions. Limited gift and estate tax questions. I am also familiar with ministerial and church tax reporting issues. I am Professor Emeritus at Florida Southern College. Sales taxes and property taxes are state and local issues so I am not likely be be able to give you an in depth answer on those types of taxes. I have maintained a CPA practice, specializing in tax, for over 35 years. I am a member of the National Association of Tax Professionals, The Florida Insititute of CPA's, The NCPE Fellowship. In addition I am a Certified Mentor for SCORE. Visit my website at I also offer seminars and consultations to churches and clergy on their tax issues at Also visit my blog, I am listed on Tax Connections at Prepare and file your own taxes at


I hold a doctorate in Accounting, and am a CPA. My certifications of CIA, CFM, and CMA are inactive. I passed all certification examinations on the first attempt, and received honorable mention for my scores on the CIA exam. I have operated a CPA firm for over 37 years and have taught accounting and tax at the college level for over 35 years.

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DBA University of Memphis MBA University of Georgia BS in Accounting Mars Hill University

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