Estates, being a taxable entity, must also have Employer Identification Number.

Author Question: Estates, being a taxable entity, must also have Employer Identification Number. (Read 46 times)

Deast7027

Hero Member
Posts: 538

on: Mar 2, 2019

Question 1

The form, "Notice Concerning Fiduciary Relationship" is not required by the IRS but does save time because the IRS will send any notices to the personal representative.

◦ true
◦ false

Question 2

Estates, being a taxable entity, must also have Employer Identification Number.

◦ true
◦ false

Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5^th Edition

Buy Test-Bank

DHRUVSHAH

Sr. Member
Posts: 317

Reply #1 on: Mar 2, 2019

Answer 1

true

Answer 2

true

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.