Death Of A Taxpayer – Part Four

Nine years ago, MoneySaver published Brian’s four-part article dealing with the death of a taxpayer. In this edition, we continue the running of an updated version of the article. Lana, Editor-in-Chief This is the final article dealing with the death of a taxpayer. Part one presented the income tax implications of death, part two dealt with special income tax rules for paying the deceased’s income tax liability as well as capital loss utilization in the year of death...