COMMENT: An estate return is due within 9 months of death, if the estate is large enough to require a return. Seems within 9 months to me.
$2,528,838 – 725,000 = 1,803,838 times 25% = $450,959
- The estate was fully paid-in. In fact, it was more than fully paid-in.
- There was reasonable cause: an illiquid estate, health issues with the executor, issues with obtaining appraisals, an estate attorney diagnosed with cancer, on and on.