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Level 1
November 2, 2020
Question

year of death

  • November 2, 2020
  • 2 replies
  • 10 views

So a person died during the year.  Lacerte does not automatically require the itemized deductions as default, is this correct?  No standard deduction as IRS says zero in year of death, need to itemize?

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2 replies

Just-Lisa-Now-
Intuit Community Champion
November 2, 2020

Ive never heard of this....Ive used Standard for my deceased clients.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
George4Tacks
Level 15
November 3, 2020

IRS Pub 501 page 22 upper right https://www.irs.gov/pub/irs-pdf/p501.pdf

Decedent's final return. The standard deduction for a decedent's final tax return is the same
as it would have been had the decedent continued to live. However, if the decedent wasn't 65
or older at the time of death, the higher standard deduction for age can't be claimed.

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