American College Exam HS330 Topic 1 Question 64 Discussion

Actual exam question for American College's HS330 exam

Question #: 64
Topic #: 1

[All HS330 Questions]

The personal representative of a decedent has the duty to file which of the following income tax returns?

l. The decedent's final income tax return

II. The estate's income tax return

Al only

BII only

CBoth l and ll

DNeither I nor Il

Show Suggested Answer

Suggested Answer: D

by Ernie at Jan 05, 2023, 09:37 AM

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Nadine

3 months ago

I'm going with option B. The estate's return, that's where the real action is. Who needs the decedent's return when you can dive right into the juicy estate paperwork?

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Marci

3 months ago

Neither? Really? That's like saying the personal rep can just sit back and enjoy a nice cup of tea while the IRS comes knocking. I'll go with C and save myself the headache.

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Meghann

2 months ago

I wouldn't want to risk getting in trouble with the IRS. Option C it is.

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Lasandra

2 months ago

I'm going with option C as well. Better safe than sorry when it comes to taxes.

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Leontine

2 months ago

Yeah, I agree. It's definitely not a job where you can just ignore the IRS.

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Brandon

2 months ago

I think the personal representative has to file both the decedent's final income tax return and the estate's income tax return.

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Joni

3 months ago

Ah, the age-old question of whether to file the decedent's return or the estate's. I'm going with both, just to cover all my bases. You know what they say, 'better safe than sorry'.

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Gayla

2 months ago

Yeah, it's definitely better to cover all your bases when it comes to taxes.

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Paola

2 months ago

I think I'll go with both as well, just to make sure everything is taken care of.

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Meaghan

2 months ago

I agree, it's better to file both just to be safe.

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Della

3 months ago

The personal representative definitely has to file the decedent's final income tax return. I mean, it's the least they can do for the dearly departed, right?

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Kris

2 months ago

C) Both l and ll

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Brock

2 months ago

I agree, the personal representative must file the decedent's final income tax return.

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Rikki

2 months ago

A) l only

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Aliza

4 months ago

I'm not sure about that. I think they only have to file the decedent's final income tax return. Can someone explain why both returns need to be filed?

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Novella

4 months ago

I agree with Desmond. It makes sense that they would have to take care of both returns to ensure everything is properly handled.

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Desmond

5 months ago

I think the personal representative has to file both the decedent's final income tax return and the estate's income tax return.

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