Election For Final Tax Determination For Income Taxes Relating To A Decedent'S Estate Form

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ELECTION FOR FINAL TAX
DETERMINATION FOR INCOME TAXES
O R E G O N
FOR REVENUE USE ONLY
D E PA R T M E N T
RELATING TO A DECEDENT’S ESTATE
Date Received
O F R E V E N U E
• Please attach this election to each return covered by the election.
*
Probate No. (if probated)
County
Business Identification Number
Federal Identification Number
*
Decedent’s Name
Date of Death
Social Security Number
*
Spouse’s Name
Date of Death (if spouse is deceased)
Spouse’s Social Security Number
Decedent’s Last Permanent Address
Representative’s Telephone Number
Representative’s Name
Representative’s Current Address
*
Social Security and federal identification numbers are required for identification purposes. OAR 150-305.100.
I certify that I represent the estate named above. I elect a final tax determination for the income tax returns and years listed below that
have been filed during the period of estate administration. A copy of the inventory of probated and nonprobated assets of the dece-
dent’s gross estate is attached to the decedent’s final return, first fiduciary return, or to this election form if a return is not required to be
filed.
I understand the department may give a notice of deficiency, as described in ORS 305.265, within 18 months after the filing of this
election. I further understand that if the department fails to issue a notice of deficiency within the 18 month period, the statute of limita-
tions for the returns covered by this election will expire, except under the following circumstances: (a) if the department finds that gross
income equal to 25 percent or more of the gross income reported has been omitted from a return; (b) if the department finds that false
or fraudulent returns were filed; (c) if the department finds that no returns were filed, but returns were required to be filed; or (d) if the
department receives a correction to the decedent’s, or decedent’s estate income tax from the Commissioner of the Internal Revenue
Service.
I understand the department will not reply to this election, except by issuing a notice of deficiency, and that I may choose to close the
estate administration at the earliest date allowed, even though the period for issuing a notice of deficiency has not expired. I also
understand that if the estate is closed and the assets distributed prior to the expiration of the time for giving a notice of deficiency, and
the department then issues a notice of deficiency, the transferees of the estate’s money or property are liable for the tax liability.
Individual Income Tax
Fiduciary Income Tax
For tax year(s)
For tax year(s)
I hereby authorize the following attorney(s) or individual(s) to represent me in the administration of the estate and to receive all
confidential tax information relating to the decedent and the estate.
Accountant(s) or Tax Preparer(s)
Attorney(s)
Telephone Number
Telephone Number
Mail all correspondence to:
Representative
Attorney
Accountant or Tax Preparer
X
Signature of Representative
Date
(representative must sign to validate authorization)
150-101-151 (Rev. 9-99)

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