Start studying Digestive System (anatomy of alimentary canal). Learn vocabulary, terms, and more with flashcards, games, and other study tools.
Estimated Income Tax. Trusts that earn income must pay estimated tax payments during the year. These payments are due on April 15, June 15, September 15 and January 15 for calendar year trusts. Calculate the estimated payments on IRS Form 1041ES. The instructions for this form provide complete detail about how to pay this tax.
Get trust accounts re-titled in your name as successor trustee and use the trustâs tax ID number as the tax ID number on those accounts. Arrange for the preparation and filing of the final income tax returns for the deceased by the April 15 due date.