Navigating the complexities of tax preparation after the death of a client is a critical skill for tax professionals. This course provides a overview of the unique tax issues that arise when a client passes away. Participants will learn how to accurately report income, deductions, and carryovers, as well as make informed decisions on tax elections. Additionally, the course will cover the essentials of filing the first Form 1041 (U.S. Income Tax Return for Estates and Trusts), including the various options available for managing estate income. By the end of this course, tax professionals will be equipped with the knowledge needed to handle these sensitive and complex tax situations with confidence and precision.