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Average time period for IRS release.

 

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Subject Author Date
Average time period for IRS release. eacantdraft 01-31-2007
Posted by eacantdraft on January 31, 2007, 4:53 pm
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Briefly....The executor of my uncles's will says he must
wait for a letter from the IRS stating (release) that all
taxes have been paid before he can settle the estate.
According to the executor (an attorney), all taxes have been
filed. The only thing holding up the settlement is this
"letter".

About what is the average time between the final release and
the inital filing of the estate to the IRS?

Is there any way to contact the IRS to see what the current
status of the estate is?

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Posted by Benjamin Yazersky CPA on January 31, 2007, 8:20 pm
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> Briefly....The executor of my uncles's will says he must
> wait for a letter from the IRS stating (release) that all
> taxes have been paid before he can settle the estate.
> According to the executor (an attorney), all taxes have been
> filed. The only thing holding up the settlement is this
> "letter".
>
> About what is the average time between the final release and
> the inital filing of the estate to the IRS?
>
> Is there any way to contact the IRS to see what the current
> status of the estate is?

Generally, the IRS letter takes somewhere between 4-9 months
You just gotta wait
... and then there is the state clearance

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] >>>
-----> real address on hobokeni or hobokenx <-----

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

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