Form 1041 (Schedule D) for Pittsburgh Pennsylvania 2024-2025

Form 1041 (Schedule D) for Pittsburgh Pennsylvania: What You Should Know

Income tax returns are due within 1 year after the date of death, unless extended in writing by the decedent's surviving spouse. If there was no estate, the return must be filed within 1 year after the date of death or within 4 years from the date of the decedent's death if he or she was an individual, or 4 years from the date of death if he or she was a legal resident of another state or country and the state of  residency is known. Pennsylvania state taxes are calculated on the decedent's federal adjusted gross income for the taxable year and then divided by the annual number of months he or she was alive or was dead. For a decedent under a power of appointment, only his or her estate may file a return under section 7091 of the Internal Revenue Code if the power of appointment had no legal or equitable title to the estate (see the Internal  Code section 7092). The decedent's surviving spouse who does not work may file a return under section 7094. The decedent had no spouse but was married at the time of death. No tax is due under section 7096 on any taxable income over the applicable exemption limits. Section 7096 does not apply to the estate of a person who has made a gift to a religious foundation. The estate of the decedent who died intestate has a tax-exempt interest in the estate until all amounts made taxable by the estate under the provisions of PA section 7096 has been deducted. The estate of a decedent who died in a state in the union, is presumed to be subject to the estate tax on the decedent's federal adjusted gross income from the taxable date until the decedent's taxable income reaches 75,000 (250,000 if over 65). For additional information, see Pennsylvania estate tax laws. If the decedent's taxable income does not reach 50,000 (250,000 if over 65) on the last day of a taxable year before the decedent's death, a tax-exempt interest in the decedent's estate is immediately vested.

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