CPA or EA Needed for Trust Tax Preparation
Only freelancers located in the U.S. may apply.U.S. located freelancers only
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/weekHourly
- 3-6 monthsDuration
- IntermediateExperience Level
$45.00
-
$85.00
Hourly- Remote Job
- Ongoing projectProject Type
Skills and Expertise
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
- United StatesLos Angeles6:24 PM
- $45K total spent31 hires, 7 active
- 794 hours
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