Death Expenses

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Subject Author Date Death Expenses Angelo Campanella 03-13-2009  Re: Death Expenses Phil Marti 03-13-2009  Re: Death Expenses D. Stussy 03-13-2009
Posted by Angelo Campanella on March 13, 2009, 3:44 pm Please log in for more thread options My wife passed away in May of '08. There were attorney's expenses and funeral expenses and incidental expenses (mailing & insuring of many documents, etc.). How and where do I apply these expenses to my return? Angelo Campanella -- << ------------------------------------------------------- >> << 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 (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Phil Marti on March 13, 2009, 4:36 pm Please log in for more thread options "Angelo Campanella" wrote: > My wife passed away in May of '08. There were attorney's expenses and > funeral expenses and incidental expenses (mailing & insuring of many > documents, etc.). How and where do I apply these expenses to my return? My condolences on your loss. Unfortunately these are nondeductible personal expenses. If estate tax is at issue or the estate must file an income tax return your attorney will advise you, but there's nothing here other than her final medical bills that affects your 1040. -- Phil Marti Clarksburg, MD -- << ------------------------------------------------------- >> << 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 (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by D. Stussy on March 13, 2009, 7:34 pm Please log in for more thread options > My wife passed away in May of '08. There were attorney's expenses and > funeral expenses and incidental expenses (mailing & insuring of many > documents, etc.). How and where do I apply these expenses to my return? Form 706. These are not deductible on a 1040. -- << ------------------------------------------------------- >> << 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 (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted Taxes after Death January 26, 2007, 5:58 am Death of dependent January 15, 2008, 12:13 am Basis step-down at death? December 13, 2007, 2:02 pm accrued interest upon death January 13, 2010, 3:37 pm Stretching IRA Proceeds (on the death of the second spouse) December 12, 2006, 2:35 am Death of a owner of a Single Member LLC January 18, 2008, 7:41 pm Step Down in Basis at Date of Death January 12, 2009, 6:56 pm Inheritance/Estate tax. Death in NM, I reside in AZ. Options December 7, 2007, 7:58 pm Received w-2 for deceased spouse 3 years after her death--how to report? April 22, 2007, 2:30 pm Are wrongful death awards in State of Florida taxable? February 11, 2009, 3:51 pm