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April 22, 2025
Question

Calif Franchise tax board Final FTB form 3840

  • April 22, 2025
  • 1 reply
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what is authority that upon the death of a taxpayer who had previously completed a tax free exchange, final form 3840 is required and no further filing or tax is due?

    1 reply

    April 22, 2025

    A final return is required for the year the individual died.  So if someone died in 2024, and had taxable income or reporting requirements, a return would need to be filed for 2024 by April 15th or with an extension.  Death does not change the due date. 

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