CPA or EA Needed for Trust Tax Preparation

Posted last month

Only freelancers located in the U.S. may apply.U.S. located freelancers only

Summary

I am the successor trustee of my late sister's revocable living trust, which became irrevocable upon her death in February 2025. I am seeking an experienced CPA or Enrolled Agent with expertise in trust and estate taxation to assist with fiduciary tax compliance, beneficiary distributions, and related tax issues. Background • Decedent passed away in February 2025. • Her 2024 individual income tax return was prepared by her longtime CPA. • The final 2025 individual income tax return remains to be prepared. • A trust EIN has been obtained from the IRS, and a Form 1041 filing will be required. • The trust return is currently on extension. Scope of Work • Review trust records and tax documents. • Prepare the decedent's final 2025 individual income tax return. • Prepare the trust's Form 1041 and any related schedules. • Determine proper treatment of beneficiary distributions. • Prepare any required Schedule K-1s and beneficiary reporting. • Advise regarding fiduciary accounting and recordkeeping requirements. • Provide guidance regarding final trust termination and distribution issues, if applicable. Inherited IRA distributions Additional details regarding retirement-account beneficiary distributions are available and can be provided during follow-up discussions with qualified candidates. Experience with inherited IRA distributions and beneficiary tax reporting is needed. Qualifications Preferred • Significant experience preparing Form 1041 fiduciary returns. • Experience with trust administration after death. • Familiarity with inherited IRA and retirement-account distribution rules. • Experience with beneficiary reporting and Schedule K-1 preparation. • Knowledge of cross-border tax issues involving U.S. citizens living outside the United States. Please describe similar engagements you have handled and whether you provide both tax preparation and advisory services.

  • Less than 30 hrs/week
    Hourly
  • 3-6 months
    Duration
  • Intermediate
    Experience Level
  • $45.00

    -

    $85.00

    Hourly
  • Remote Job
  • Ongoing project
    Project Type
Skills and Expertise
Mandatory skills
Certified Tax Preparer
Activity on this job
  • Proposals:10 to 15
  • Last viewed by client:4 weeks ago
  • Interviewing:
    11
  • Invites sent:
    0
  • Unanswered invites:
    0
About the client
Member since Jan 24, 2021
  • United States
    Los Angeles6:24 PM
  • $45K total spent
    31 hires, 7 active
  • 794 hours

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