PPP Round 2 Now Available
The Paycheck Protection Program provides small business loans with up to 100% forgiveness to help businesses impacted by COVID-19.
Funds are limited and will be disbursed on a first come, first served basis.
Estate tax - surviving spouse
Answer:
You are liable for your husband's share of income tax on a jointly filed return in the year of his death. To avoid this tax liability, do not file jointly. If you already filed, and the due date is past, you cannot revoke your joint return unless an executor or administrator is appointed after the filing of the return.
These rules are complex. Speak to your local CPA about the Estate and Individual tax return requirements.
These rules are complex. Speak to your local CPA about the Estate and Individual tax return requirements.
