estate file date

[grandmabee]

I know its been disscussed here but cannot find on search.

I have an estate date of death 07/01/08 they have everything done. Just had stock account which was sold in august and disbursed. the stock account was listed in clients name (died) OR/TOD daughters name.

Double checking on TOD. who is the owner after death the dtr or estate.

Can I file a short year and do 1041 and be finished with it this year or do I need to go the full 12 months and have K-1 in 2009 ending date. Do I have an choice.

Thanks

[zeke]

IF all income & expense items are in 2008, you may file a "first & final" return for 2008 with K-1(s) to beneficiaries. At executor's choice, you may elect any fiscal year ending by 06-30-2009.

z