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When someone passes away in Portland – does a family member need to pay the deceased person’s income taxes - Portland, Oregon.

July 30, 2010

There may be personal income taxes that have to be paid for the portion of the year when the person was alive. The executor (the person appointed in a will, or by a court, to administer an estate.) is not required to file the tax return until April 15th of the following year, although he or she can choose to file early.

From the date of death until all the assets are distributed, they may still be earning income—for example, interest on savings and stock dividends. The executor has to pay any income taxes on that income.

So, if there is enough income, the executor of the estate will file income taxes for the deceased person and then separate tax returns for the estate.

If the estate is open for more than a year, income tax returns may have to be filed for the second year.

It can be confusing when a familiy member passes away. A probate attorney can help - Contact the Probate lawyers at the Law Offices of Nay & Friedenberg in Portland, Oregon at (503) 245-0894 to set an appointment.