IRS Publication 559 — Survivors, Executors, and Administrators
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“The gross estate includes the value of all property the decedent owns partially or in full at the time of death. Y our gross estate also includes the following. • Life insurance proceeds payable to the estate or, if the decedent owned the policy, to the decedent’s heirs. • The value of certain annuities payable to the estate or the decedent’s heirs. • The value of certain property the decedent tra…”
If any of these tax -forgiveness situations applies to a prior year tax, any tax paid for which the period for filing a claim hasn't ended will be credited or refunded. If any tax is still due, it will be canceled. The normal period for filing a claim for credit or refund is 3 years after the return was filed or 2 years after the tax was paid, whichever is later. If death occurred in a combat zone or from wounds, disease, or injury incurred in a combat zone, the period for filing the claim is extended by:
1. The amount of time served in the combat zone (including any period in which the individual was in missing status), plus Publication 559 (2025) 11
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