Ask TaxMama.Com Tax Information With A Mother's Touch Published by Eva Rosenberg, MBA, EA

Protected Retirement Personal 401(k) Big Fat Estate Tax Does ITIN Work for Work? Sold Property Polish Pension   IRS Reduces Standard Mileage Rate No Tax Package in 2002, Says Lott   The Thermos   E-Mail  This Page To A Friend Your email: Your name: TO email:

Big Fat Estate Tax » From: Austin, TX Dear TaxMama: I had to pay a big fat estate tax when my parents died. I haven't received a letter of closing (or audit) yet and it's been over 6 months since I paid the tax. What can I do now? Kris Dear Kris, And you won't receive one. They have three years to do that. Unless, of course, you send them a letter requesting a prompt assessment. Then, they have only 18 months from that date to audit the file and close it. If they don't audit it within that time, they can't do it at all. So, have your tax pro look up the procedure, the code section to cite and the address to send it to (new, since IRS 'stood up' in October 2001) and make the request. Usually, once I do that, they respond within six months with a clean bill of health. Good luck. So sorry to learn of your parents' death. Best wishes, Eva Rosenberg Your TaxMama

Click Here to Subscribe to the Internet's Help Desk

Library of Congress -  ISSN 1532-0790 Copyright © 2000-2003 - Eva Rosenberg

Subscribe | Ask TaxMama ~ Send Her Your Questions | Site Search Home | This Week's Issue | Articles by TaxMama | For Tax Pros Investment Secrets | IRS News | Smart Tax Moves | Critical Dates Using Money Wisely | Money Funnies & Inspiration | Because We Care About TaxMama | Our Privacy Policy | Legalese and Disclaimer |

Certain graphics on this site were created especially for TaxMama by Serenata of Serenata Design. Site design & maintenance by Serenata Design.