When it comes to estate taxes, many issues may need to be taken into consideration, even after a person has passed away. For example, if your spouse recently lost his or her life, you may not realize that you could still be able to benefit from estate tax planning. Families may also encounter other hardships after a loved one passes away, such as disputes over how assets are distributed or difficulties related to paying estate taxes. In Middlesex, and all across the state of Massachusetts, people may need estate tax closing letters to clear tax liens or close probate. If you need an estate tax closing letter, it is important to review the process of obtaining the letter.
According to the Internal Revenue Service, the process for obtaining an estate tax closing letter depends on when the estate tax return was filed. If it was filed prior to June 1, 2015, closing letters were usually issued between four and six months after the return was filed, although it could take longer for returns that were reviewed. However, for an estate tax return filed after June 1, 2015, you will only be able to receive an estate tax closing letter by requesting one from the IRS.
In order to request a closing letter, you should wait until four months after the return was filed, at which point you will have to call the IRS and provide them with the decedent's name, SSN, and the date they passed away. This blog post is not to be viewed as an alternative to legal help.