Had someone ask me to prepare an estate return for someone who has been gone for over 10 years. He has an attorney and the only things in the estate are an IRA that had no beneficiary (so went to estate), and a payout from a pension that went to the Estate as well. Only one beneficiary (the executor).
My issue is not with handling the estate income itself. I would like to know if there is anything I need to be aware of since the DOD is 10 years in the past!! Nothing was ever filed, so I will establish the estate tax year with this initial and final filing as normal, but will the IRS wonder why it has taken so long?? Never had one go this long before.
Thanks!