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guscusi
Mar 25, 2018, 12:20 PM
My father, a non-resident alien passed away and I have to file 706-NA for $65,000 cash he had in a US brokerage account. I understand that 60,000 is not taxable.


1. Table A—Unified Rate Schedule: looks like he owed 65,000 - 60,000: 5,000 x 18%. Is this correct? (page 5 instructions).


2. Please explain in this case how the unified credit is calculated. (13,000?? )


3. How do I file this online? I guess I cannot use MY online payment account because it will be toed to my SS #, not my father's. Can I send the payment by mail? Where to?




Thanks you!


Gus

AtlantaTaxExpert
Mar 25, 2018, 12:32 PM
Gus,

RUN, Don't Walk, to the nearest tax professional with experience filing estate tax returns. This return is NOT for amateurs, even with tax software.

I do not have time to check the IRS pubs, but it seems to me that your father's estate should not even have to file, not for just $65K.

ATE

talaniman
Mar 25, 2018, 01:15 PM
https://www.irs.gov/individuals/international-taxpayers/some-nonresidents-with-us-assets-must-file-estate-tax-returns

Like ATE said, RUN!